205 N 3rd StJeffersonSD57038
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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 Jefferson at 205 N 3rd St, Jefferson, SD, 57038 earns from $1,388/mo rent with a $1,126/mo payment. Total monthly income totals $1,388/mo. ROI tracks 18.87% on current figures, and rental yield reads 7.24% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 97.53% and total cumulative return in cash sums $74,359. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,388/mo property income instead of your personal income.
Multi Family
Built in 1995
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57038, Jefferson, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 797 (100%) |
| Owner Occupied HU | 567 (71.1%) |
| Renter Occupied HU | 173 (21.7%) |
| Vacant Housing Units | 57 ( 7.2%) |
| Median Home Value | $342,547 |
| Average Home Value | $351,411 |
Housing Distribution
Address Breakdown
Residential
580
Single Family
580
Multi-Family
0
Businesses
19
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Listed by: Amy Kakacek • LPT Realty, LLC
Mls Name: Northwest Iowa Regional BOR
Mls ID: #830860