29267 Us Highway 281Lake AndesSD57356
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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 Lake Andes at 29267 Us Highway 281, Lake Andes, SD, 57356 earns $334/mo cash flow from $1,661/mo rent with a $1,028/mo payment. Total monthly income totals $1,661/mo, and annual cash flow totals $4,005/yr on $69,615 capital. ROI tracks 25.66% on current figures, and rental yield reads 9.49% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 133.87% and total cumulative return in cash sums $93,196. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,661/mo property income instead of your personal income.
Single Family
Built in 1945
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57356, Lake Andes, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 872 (100%) |
| Owner Occupied HU | 469 (53.8%) |
| Renter Occupied HU | 196 (22.5%) |
| Vacant Housing Units | 207 (23.7%) |
| Median Home Value | $169,947 |
| Average Home Value | $229,664 |
Housing Distribution
Address Breakdown
Residential
307
Single Family
307
Multi-Family
0
Businesses
60
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Nearby investment properties with comparable prices
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