301 11th StIpswichSD57451
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Ipswich rentals match the income profile of 301 11th St, Ipswich, SD, 57451. Listed at $209,500, gross rent is $3,203/mo and net cash flow is $1,879/mo, a 18.35% yield well above national averages. DSCR 3.40 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $57,881 by year five with $1,930/yr in annual principal reduction, projecting $200,506 in total cumulative return.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 18.4% | 6.2% |
| Monthly Cash Flow | $1,879 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,203 |
| Total Monthly Debt Service | $1,241 |
| DSCR Ratio | 2.58x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1966
9,375 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57451, Ipswich, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,159 (100%) |
| Owner Occupied HU | 729 (62.9%) |
| Renter Occupied HU | 189 (16.3%) |
| Vacant Housing Units | 241 (20.8%) |
| Median Home Value | $293,254 |
| Average Home Value | $376,571 |
Housing Distribution
Address Breakdown
Residential
625
Single Family
625
Multi-Family
0
Businesses
87
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
Single Family
Built in 1966
9,375 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57451, Ipswich, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,159 (100%) |
| Owner Occupied HU | 729 (62.9%) |
| Renter Occupied HU | 189 (16.3%) |
| Vacant Housing Units | 241 (20.8%) |
| Median Home Value | $293,254 |
| Average Home Value | $376,571 |
Housing Distribution
Address Breakdown
Residential
625
Single Family
625
Multi-Family
0
Businesses
87
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bob Kiesz • Jency Realty Company
Mls Name: Aberdeen MLS
Mls Provider:
Mls ID: #25-429
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.