307 Cornell AveBig Stone CitySD57216
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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 Big Stone City at 307 Cornell Ave, Big Stone City, SD, 57216 priced at $169,900 pairs $1,277/mo rent with $203/mo cash flow after a $832/mo payment. Total monthly income equals $1,277/mo, and annual cash flow comes to $2,435/yr on $56,322 invested. Return on cash invested is 24.23% in year one, and rental yield stands at 9.02% on a $169,900 basis. Equity gained on principal adds $1,096/yr, and 5% annual appreciation accumulates to $46,940 by year five. Five-year ROI measures 126.2% and total cumulative return in cash reaches $71,078. For financing, Ziffy Mortgage’s DSCR program evaluates $1,277/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
10,125 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57216, Big Stone City, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 585 (100%) |
| Owner Occupied HU | 354 (60.5%) |
| Renter Occupied HU | 61 (10.4%) |
| Vacant Housing Units | 170 (29.1%) |
| Median Home Value | $254,167 |
| Average Home Value | $284,675 |
Housing Distribution
Address Breakdown
Residential
429
Single Family
421
Multi-Family
8
Businesses
36
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Listed by: JAY SCHMIDT • JP REAL ESTATE
Mls Name: Northeast South Dakota BOR
Mls ID: #43-313