20732 Caroline CirDe SmetSD57231
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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 De Smet at 20732 Caroline Cir, De Smet, SD, 57231 listed at $469,900 pairs $3,434/mo rent with a $2,300/mo payment to leave $464/mo cash flow. Total monthly income runs $3,434/mo, and annual cash flow reaches $5,573/yr on $155,772 cash to close. Return on cash invested measures 23.49% in year one, and rental yield registers 8.77% at a $469,900 basis. Equity gained on principal adds $3,032/yr, and annual property appreciation at 5% supports $129,825 by year five. Five-year ROI tracks 122.21% and total cumulative return in cash totals $190,370. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,434/mo property income relative to a $2,300/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57231, De Smet, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 856 (100%) |
| Owner Occupied HU | 565 (66.0%) |
| Renter Occupied HU | 171 (20.0%) |
| Vacant Housing Units | 120 (14.0%) |
| Median Home Value | $225,000 |
| Average Home Value | $278,412 |
Housing Distribution
Address Breakdown
Residential
593
Single Family
559
Multi-Family
34
Businesses
114
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Listed by: Codi Smith • Best Choice Real Estate
Mls Name: East Central South Dakota BOR
Mls ID: #26-12