305 W 6th StTeaSD57064
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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 Tea at 305 W 6th St, Tea, SD, 57064 uses $139,197 cash to close to unlock $18,560/yr annual cash flow and $1,547/mo monthly cash flow. Total monthly income runs $4,200/mo, and a $2,055/mo payment keeps the spread at $1,547/mo. Purchase price stands at $419,900, and rental yield measures 12% with $4,200/mo rent. Return on cash invested shows 33.24% in year one, and 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 174.52% and total cumulative return in cash records $242,928. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,200/mo property income covering a $2,055/mo payment rather than investor’s personal income.
Single Family
Built in 2004
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57064, Tea, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,630 (100%) |
| Owner Occupied HU | 1,755 (66.7%) |
| Renter Occupied HU | 743 (28.3%) |
| Vacant Housing Units | 132 ( 5.0%) |
| Median Home Value | $346,875 |
| Average Home Value | $371,044 |
Housing Distribution
Address Breakdown
Residential
3,020
Single Family
2,966
Multi-Family
54
Businesses
369
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Listed by: Shawn A Martins • Amy Stockberger Real Estate
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22506813