201 2nd AveChesterSD57016
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
Total monthly income runs $2,640/mo, and a $2,398/mo payment. Purchase price stands at $489,900, and rental yield measures 6.47% with $2,640/mo rent. Return on cash invested shows 16.54% in year one, and 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 84.93% and total cumulative return in cash records $137,921. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $2,398/mo payment rather than investor’s personal income.
Single Family
Built in 1994
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57016, Chester, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 413 (100%) |
| Owner Occupied HU | 244 (59.1%) |
| Renter Occupied HU | 43 (10.4%) |
| Vacant Housing Units | 126 (30.5%) |
| Median Home Value | $382,353 |
| Average Home Value | $414,457 |
Housing Distribution
Address Breakdown
Residential
156
Single Family
156
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tarah Burggraff • Landmark Realty & Auction
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22506031