205 N Chestnut AveParkerSD57053
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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 Parker at 205 N Chestnut Ave, Parker, SD, 57053 with 5% annual appreciation on a $130,000 basis while $0/mo rent supports operations. 96% in year one. Equity gained on principal adds $839/yr, and five-year appreciation sums $35,917 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $636/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
3,023 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57053, Parker, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 867 (100%) |
| Owner Occupied HU | 691 (79.7%) |
| Renter Occupied HU | 116 (13.4%) |
| Vacant Housing Units | 60 ( 6.9%) |
| Median Home Value | $291,000 |
| Average Home Value | $341,776 |
Housing Distribution
Address Breakdown
Residential
542
Single Family
538
Multi-Family
4
Businesses
89
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Listed by: Melissa M DeNeui • Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22508890