21133 Gregs DrLake PrestonSD57249








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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 Lake Preston at 21133 Gregs Dr, Lake Preston, SD, 57249 earns from $1,920/mo rent with a $5,139/mo payment. Total monthly income totals $1,920/mo. ROI tracks 3.74% on current figures, and rental yield reads 2.19% at a $1,050,000 purchase. Equity gained on principal adds $6,775/yr, and 5% annual appreciation supports $290,096 over five years. Five-year ROI reaches 16.2% and total cumulative return in cash sums $55,109. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.
Single Family
Built in 2022
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57249, Lake Preston, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 574 (100%) |
| Owner Occupied HU | 351 (61.1%) |
| Renter Occupied HU | 94 (16.4%) |
| Vacant Housing Units | 129 (22.5%) |
| Median Home Value | $248,026 |
| Average Home Value | $313,276 |
Housing Distribution
Address Breakdown
Residential
405
Single Family
382
Multi-Family
23
Businesses
49
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Listed by: Laurie Smith • Ace Realty, LLC
Mls Name: Mitchell BOR
Mls ID: #25-431





