21862 Big Elk PlNemoSD57759
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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 Nemo at 21862 Big Elk Pl, Nemo, SD, 57759 listed at $506,000 pairs $2,384/mo rent with a $2,477/mo payment. Total monthly income runs $2,384/mo. Return on cash invested measures 14.19% in year one, and rental yield registers 5.65% at a $506,000 basis. Equity gained on principal adds $3,265/yr, and annual property appreciation at 5% supports $139,798 by year five. Five-year ROI tracks 72.32% and total cumulative return in cash totals $120,392. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,384/mo property income relative to a $2,477/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
1.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57759, Nemo, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 197 (100%) |
| Owner Occupied HU | 110 (55.8%) |
| Renter Occupied HU | 6 ( 3.0%) |
| Vacant Housing Units | 81 (41.1%) |
| Median Home Value | $492,857 |
| Average Home Value | $520,227 |
Housing Distribution
Address Breakdown
Residential
125
Single Family
125
Multi-Family
0
Businesses
13
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Listed by: N/A • N/A
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