214 Dakota StWakondaSD57073
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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 Wakonda at 214 Dakota St, Wakonda, SD, 57073 offers a 5.55% rental yield on a $285,000 purchase with $1,318/mo rent. 77% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 70.09% and total cumulative return in cash at $66,222. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,318/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
9,940 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Barbara Iacino • Dakota Realty
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828096
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.