205 Elmwood DrSissetonSD57262
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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 Sisseton at 205 Elmwood Dr, Sisseton, SD, 57262 offers $2,746/mo rent that, after a $2,078/mo payment, leaves $63/mo cash flow. Total monthly income is $2,746/mo, and annual cash flow is $757/yr on $140,722 cash. Return on cash invested measures 20.45% in year one, and rental yield stands at 7.76% at a $424,500 entry. Equity gained on principal adds $2,739/yr while 5% annual appreciation compounds into $117,282 by year five. Five-year ROI records 105.93% and total cumulative return in cash reaches $149,068. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,746/mo property income versus a $2,078/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57262, Sisseton, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,193 (100%) |
| Owner Occupied HU | 1,153 (52.6%) |
| Renter Occupied HU | 802 (36.6%) |
| Vacant Housing Units | 238 (10.9%) |
| Median Home Value | $156,703 |
| Average Home Value | $223,723 |
Housing Distribution
Address Breakdown
Residential
1,797
Single Family
1,525
Multi-Family
272
Businesses
242
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Listed by: SAM HANSON • EXIT REALTY CONNECTION
Mls Name: Northeast South Dakota BOR
Mls ID: #32-2160