305 Eva Ave EEstellineSD57234
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
Rental property for sale in Estelline at 305 Eva Ave E, Estelline, SD, 57234 offers $2,192/mo rent that, after a $1,272/mo payment, leaves $550/mo cash flow. Total monthly income is $2,192/mo, and annual cash flow is $6,596/yr on $86,157 cash. Return on cash invested measures 27.56% in year one, and rental yield stands at 10.12% at a $259,900 entry. Equity gained on principal adds $1,677/yr while 5% annual appreciation compounds into $71,806 by year five. Five-year ROI records 144.07% and total cumulative return in cash reaches $124,126. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,192/mo property income versus a $1,272/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.48 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: Kasey Schmidt • Century 21 Krogman & Company
Mls Name: East Central South Dakota BOR
Mls ID: #25-187