2 Union CtMccook LakeSD57049
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Mccook Lake at 2 Union Ct, Mccook Lake, SD, 57049 priced at $287,500 pairs $2,008/mo rent with $191/mo cash flow after a $1,407/mo payment. Total monthly income equals $2,008/mo, and annual cash flow comes to $2,296/yr on $95,306 invested. Return on cash invested is 22.32% in year one, and rental yield stands at 8.38% on a $287,500 basis. Equity gained on principal adds $1,855/yr, and 5% annual appreciation accumulates to $79,431 by year five. Five-year ROI measures 115.95% and total cumulative return in cash reaches $110,507. For financing, Ziffy Mortgage’s DSCR program evaluates $2,008/mo property income against a $1,407/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1977
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57049, North Sioux City, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,494 (100%) |
| Owner Occupied HU | 2,294 (65.7%) |
| Renter Occupied HU | 1,068 (30.6%) |
| Vacant Housing Units | 132 ( 3.8%) |
| Median Home Value | $447,794 |
| Average Home Value | $495,932 |
Housing Distribution
Address Breakdown
Residential
3,392
Single Family
2,685
Multi-Family
707
Businesses
446
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kreighton Stokely • Keller Williams Siouxland
Mls Name: Northwest Iowa Regional BOR
Mls ID: #831315