20 S 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 S Indiana Ave, Platte, SD, 57369 priced at $131,500 converts $1,548/mo rent into $717/mo cash flow after a $644/mo obligation. Total monthly income equals $1,548/mo, and annual cash flow totals $8,599/yr on $43,592 invested. Return on cash invested prints 39.64% in year one, and rental yield reads 14.13% against a $131,500 entry. Equity gained on principal adds $849/yr, while 5% annual appreciation compiles into $36,331 by year five. Five-year ROI reaches 208.81% and total cumulative return in cash sums $91,026. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,548/mo property income covering a $644/mo payment, not borrower’s personal income.
Single Family
Built in 1955
2.30 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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