2004 Buffalo StPierreSD57501
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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
Investment property for sale in Pierre at 2004 Buffalo St, Pierre, SD, 57501 uses $87,848 cash to close to unlock $1,481/yr annual cash flow and $123/mo monthly cash flow. Total monthly income runs $1,798/mo, and a $1,297/mo payment keeps the spread at $123/mo. Purchase price stands at $265,000, and rental yield measures 8.14% with $1,798/mo rent. Return on cash invested shows 21.59% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 112.07% and total cumulative return in cash records $98,451. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,798/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 1976
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57501, Pierre, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,959 (100%) |
| Owner Occupied HU | 4,876 (61.3%) |
| Renter Occupied HU | 2,256 (28.3%) |
| Vacant Housing Units | 827 (10.4%) |
| Median Home Value | $253,378 |
| Average Home Value | $296,914 |
Housing Distribution
Address Breakdown
Residential
7,625
Single Family
6,604
Multi-Family
1,021
Businesses
1,013
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Listed by: Meredith Lee • Lee Real Estate
Mls Name: Central South Dakota BOR
Mls ID: #25-550