306 W 5th StVolgaSD57071
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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 Volga at 306 W 5th St, Volga, SD, 57071 uses $96,467 cash to close to unlock $9,604/yr annual cash flow and $800/mo monthly cash flow. Total monthly income runs $2,639/mo, and a $1,424/mo payment keeps the spread at $800/mo. Purchase price stands at $291,000, and rental yield measures 10.88% with $2,639/mo rent. Return on cash invested shows 29.86% in year one, and 5% annual appreciation builds toward $80,398 over five years. Five-year ROI reaches 156.42% and total cumulative return in cash records $150,894. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,639/mo property income covering a $1,424/mo payment rather than investor’s personal income.
Single Family
Built in 2016
8,537 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57071, Volga, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,439 (100%) |
| Owner Occupied HU | 970 (67.4%) |
| Renter Occupied HU | 352 (24.5%) |
| Vacant Housing Units | 117 ( 8.1%) |
| Median Home Value | $288,702 |
| Average Home Value | $317,673 |
Housing Distribution
Address Breakdown
Residential
1,270
Single Family
1,216
Multi-Family
54
Businesses
73
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