306 E Maple StBeresfordSD57004
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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 Beresford at 306 E Maple St, Beresford, SD, 57004 uses $96,467 cash to close to unlock $7,912/yr annual cash flow and $659/mo monthly cash flow. Total monthly income runs $2,498/mo, and a $1,424/mo payment keeps the spread at $659/mo. Purchase price stands at $291,000, and rental yield measures 10.3% with $2,498/mo rent. Return on cash invested shows 28.11% in year one, and 5% annual appreciation builds toward $80,398 over five years. Five-year ROI reaches 147.03% and total cumulative return in cash records $141,834. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,498/mo property income covering a $1,424/mo payment rather than investor’s personal income.
Single Family
Built in 1980
10,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57004, Beresford, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,559 (100%) |
| Owner Occupied HU | 1,159 (74.3%) |
| Renter Occupied HU | 304 (19.5%) |
| Vacant Housing Units | 96 ( 6.2%) |
| Median Home Value | $292,170 |
| Average Home Value | $331,299 |
Housing Distribution
Address Breakdown
Residential
1,449
Single Family
1,361
Multi-Family
88
Businesses
153
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Listed by: Heidi J Wollman • Amy Stockberger Real Estate
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22506965