219 S Adams AvePierreSD57501
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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 219 S Adams Ave, Pierre, SD, 57501 generates $1,356/mo in rent and, after a $925/mo payment, leaves $162/mo in cash flow. Total monthly income is $1,356/mo, and annual cash flow is $1,940/yr on $62,654 invested. Return on cash invested sits at 23.01% in year one, and rental yield is 8.61% on a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 119.63% and total cumulative return in cash sums $74,950. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,356/mo property income rather than buyer’s personal income.
Multi Family
Built in 1954
7,000 sqft 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: Guy M Ferris • Dakota Prairie Real Estate
Mls Name: Central South Dakota BOR
Mls Provider:
Mls ID: #25-35
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.