300 W 8th StDell RapidsSD57022
Nearby investment properties with comparable rents
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
Investment Highlights
Investment property for sale in Dell Rapids at 300 W 8th St, Dell Rapids, SD, 57022 earns from $1,500/mo rent with a $1,676/mo payment. Total monthly income totals $1,500/mo. ROI tracks 12.89% on current figures, and rental yield reads 5.26% at a $342,500 purchase. Equity gained on principal adds $2,210/yr, and 5% annual appreciation supports $94,626 over five years. Five-year ROI reaches 65.36% and total cumulative return in cash sums $74,207. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,500/mo property income instead of your personal income.
Single Family
Built in 2003
9,365 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57022, Dell Rapids, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,273 (100%) |
| Owner Occupied HU | 1,713 (75.4%) |
| Renter Occupied HU | 504 (22.2%) |
| Vacant Housing Units | 56 ( 2.5%) |
| Median Home Value | $381,719 |
| Average Home Value | $464,361 |
Housing Distribution
Address Breakdown
Residential
2,130
Single Family
2,017
Multi-Family
113
Businesses
169
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Natalie A Barber • Hegg, REALTORS
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22508840