206 N Smith StClarkSD57225
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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 Clark at 206 N Smith St, Clark, SD, 57225 offers a 7.68% rental yield on a $164,900 purchase with $1,056/mo rent. Total monthly income registers $1,056/mo, and a $807/mo payment leaves $14/mo available for distribution. Annual cash flow reaches $168/yr on $54,664 to close, and return on cash invested stands at 20.22% in year one. Equity gained on principal adds $1,064/yr while 5% annual appreciation supports $45,559 over five years. Portfolio math shows five-year ROI at 104.76% and total cumulative return in cash at $57,268. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,056/mo property income against a $807/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57225, Clark, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 855 (100%) |
| Owner Occupied HU | 548 (64.1%) |
| Renter Occupied HU | 191 (22.3%) |
| Vacant Housing Units | 116 (13.6%) |
| Median Home Value | $171,277 |
| Average Home Value | $231,907 |
Housing Distribution
Address Breakdown
Residential
773
Single Family
705
Multi-Family
68
Businesses
113
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Listed by: Joseph J. Bjerke • INSIGHT REALTY GROUP
Mls Name: Northeast South Dakota BOR
Mls ID: #20-8351
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.