20 Indiana AvePlatteSD57369
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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 Platte at 20 Indiana Ave, Platte, SD, 57369 generates $0/mo in rent, after a $974/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.97% in year one, and rental yield is 0% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1918
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57369, Platte, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,119 (100%) |
| Owner Occupied HU | 773 (69.1%) |
| Renter Occupied HU | 197 (17.6%) |
| Vacant Housing Units | 149 (13.3%) |
| Median Home Value | $229,770 |
| Average Home Value | $275,838 |
Housing Distribution
Address Breakdown
Residential
673
Single Family
646
Multi-Family
27
Businesses
160
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No similar rental properties found nearby.
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Listed by: Brent Veurink • Farmers National Company
Mls Name: My State MLS
Mls ID: #11550308