203 E Main StWhiteSD57276
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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 White at 203 E Main St, White, SD, 57276 uses $87,814 cash to close to unlock $6,426/yr annual cash flow and $536/mo monthly cash flow. Total monthly income runs $2,210/mo, and a $1,297/mo payment keeps the spread at $536/mo. Purchase price stands at $264,900, and rental yield measures 10.01% with $2,210/mo rent. Return on cash invested shows 27.23% in year one, and 5% annual appreciation builds toward $73,187 over five years. Five-year ROI reaches 142.26% and total cumulative return in cash records $124,928. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,210/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 1921
7,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57276, White, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 679 (100%) |
| Owner Occupied HU | 508 (74.8%) |
| Renter Occupied HU | 91 (13.4%) |
| Vacant Housing Units | 80 (11.8%) |
| Median Home Value | $353,846 |
| Average Home Value | $393,548 |
Housing Distribution
Address Breakdown
Residential
373
Single Family
343
Multi-Family
30
Businesses
24
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Listed by: Josh Nelson • Best Choice Real Estate
Mls Name: East Central South Dakota BOR
Mls ID: #25-25