306 Main StVolinSD57072
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 Volin at 306 Main St, Volin, SD, 57072 offers a 9.57% rental yield on a $149,000 purchase with $1,188/mo rent. Total monthly income registers $1,188/mo, and a $729/mo payment leaves $247/mo available for distribution. Annual cash flow reaches $2,960/yr on $49,394 to close, and return on cash invested stands at 25.9% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 135.18% and total cumulative return in cash at $66,772. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,188/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1950
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57072, Volin, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 266 (100%) |
| Owner Occupied HU | 208 (78.2%) |
| Renter Occupied HU | 32 (12.0%) |
| Vacant Housing Units | 26 ( 9.8%) |
| Median Home Value | $252,778 |
| Average Home Value | $292,909 |
Housing Distribution
Address Breakdown
Residential
206
Single Family
206
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin Douglas • Lewis and Clark Realty Inc.
Mls Name: Meridian AOR
Mls ID: #117065