200 E 3rd StKennebecSD57365
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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 Kennebec at 200 E 3rd St, Kennebec, SD, 57365 priced at $150,197 converts $1,703/mo rent into $754/mo cash flow after a $735/mo obligation. Total monthly income equals $1,703/mo, and annual cash flow totals $9,048/yr on $49,790 invested. Return on cash invested prints 38.08% in year one, and rental yield reads 13.61% against a $150,197 entry. Equity gained on principal adds $969/yr, while 5% annual appreciation compiles into $41,497 by year five. Five-year ROI reaches 200.44% and total cumulative return in cash sums $99,800. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,703/mo property income covering a $735/mo payment, not borrower’s personal income.
Single Family
Built in 1926
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57365, Oacoma, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 263 (100%) |
| Owner Occupied HU | 169 (64.3%) |
| Renter Occupied HU | 45 (17.1%) |
| Vacant Housing Units | 49 (18.6%) |
| Median Home Value | $292,045 |
| Average Home Value | $334,793 |
Housing Distribution
Address Breakdown
Residential
44
Single Family
44
Multi-Family
0
Businesses
20
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