211 E 4th StEganSD57024
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Egan at 211 E 4th St, Egan, SD, 57024 offers a 11.42% rental yield on a $115,000 purchase with $1,094/mo rent. Total monthly income registers $1,094/mo, and a $563/mo payment leaves $367/mo available for distribution. Annual cash flow reaches $4,406/yr on $38,123 to close, and return on cash invested stands at 31.47% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 165.09% and total cumulative return in cash at $62,937. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,094/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1880
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57024, Egan, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 194 (100%) |
| Owner Occupied HU | 112 (57.7%) |
| Renter Occupied HU | 56 (28.9%) |
| Vacant Housing Units | 26 (13.4%) |
| Median Home Value | $258,333 |
| Average Home Value | $283,326 |
Housing Distribution
Address Breakdown
Residential
165
Single Family
165
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jared Sutton • Sutton Auctioneers & Land Brokers, LLC
Mls Name: NY State MLS
Mls ID: #11318013