215 Neltom DrPierreSD57501
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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
Rental property for sale in Pierre at 215 Neltom Dr, Pierre, SD, 57501 priced at $475,000 converts $3,025/mo rent into $23/mo cash flow after a $2,325/mo obligation. Total monthly income equals $3,025/mo, and annual cash flow totals $278/yr on $157,463 invested. Return on cash invested prints 20.09% in year one, and rental yield reads 7.64% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 103.98% and total cumulative return in cash sums $163,723. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,025/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Single Family
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57501, Pierre, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,959 (100%) |
| Owner Occupied HU | 4,876 (61.3%) |
| Renter Occupied HU | 2,256 (28.3%) |
| Vacant Housing Units | 827 (10.4%) |
| Median Home Value | $253,378 |
| Average Home Value | $296,914 |
Housing Distribution
Address Breakdown
Residential
7,625
Single Family
6,604
Multi-Family
1,021
Businesses
1,013
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Listed by: Morgan Finley • Lee Real Estate
Mls Name: Central South Dakota BOR
Mls ID: #25-575