263 E Lake DrEstellineSD57234
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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 Estelline at 263 E Lake Dr, Estelline, SD, 57234 offers a 8.87% rental yield on a $239,000 purchase with $1,766/mo rent. Total monthly income registers $1,766/mo, and a $1,170/mo payment leaves $255/mo available for distribution. Annual cash flow reaches $3,065/yr on $79,229 to close, and return on cash invested stands at 23.78% in year one. Equity gained on principal adds $1,542/yr while 5% annual appreciation supports $66,031 over five years. Portfolio math shows five-year ROI at 123.8% and total cumulative return in cash at $98,088. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,766/mo property income against a $1,170/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1993
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57234, Estelline, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 781 (100%) |
| Owner Occupied HU | 460 (58.9%) |
| Renter Occupied HU | 63 ( 8.1%) |
| Vacant Housing Units | 258 (33.0%) |
| Median Home Value | $316,867 |
| Average Home Value | $374,277 |
Housing Distribution
Address Breakdown
Residential
385
Single Family
385
Multi-Family
0
Businesses
39
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Listed by: Katie Graeb • Whitetail Properties Real Estate, LLC
Mls Name: My State MLS
Mls ID: #11284396