228 N Lake DrCastlewoodSD57223
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 228 N Lake Dr, Castlewood, SD, 57223 in Castlewood at $333,100, 0% gross yield, is a market-growth asset. Rental yield 0%. The $0/mo rent partially funds the $1,498/mo debt service; the core return is the 5%/yr price growth projected to add $92,029 over five years. Ziffy Mortgage's DSCR mortgage (0.00) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57223, Castlewood, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 597 (100%) |
| Owner Occupied HU | 441 (73.9%) |
| Renter Occupied HU | 103 (17.3%) |
| Vacant Housing Units | 53 ( 8.9%) |
| Median Home Value | $256,325 |
| Average Home Value | $315,743 |
Housing Distribution
Address Breakdown
Residential
410
Single Family
410
Multi-Family
0
Businesses
43
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57223, Castlewood, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 597 (100%) |
| Owner Occupied HU | 441 (73.9%) |
| Renter Occupied HU | 103 (17.3%) |
| Vacant Housing Units | 53 ( 8.9%) |
| Median Home Value | $256,325 |
| Average Home Value | $315,743 |
Housing Distribution
Address Breakdown
Residential
410
Single Family
410
Multi-Family
0
Businesses
43
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A