307 S Maple StWatertownSD57201
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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
Total monthly income runs $1,243/mo, and a $1,028/mo payment. Purchase price stands at $210,000, and rental yield measures 7.1% with $1,243/mo rent. Return on cash invested shows 18.46% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 95.24% and total cumulative return in cash records $66,304. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,243/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1903
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57201, Watertown, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,815 (100%) |
| Owner Occupied HU | 7,500 (58.5%) |
| Renter Occupied HU | 4,115 (32.1%) |
| Vacant Housing Units | 1,200 ( 9.4%) |
| Median Home Value | $259,317 |
| Average Home Value | $291,875 |
Housing Distribution
Address Breakdown
Residential
12,495
Single Family
11,112
Multi-Family
1,383
Businesses
1,502
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Listed by: Joel Willette • HAUGAN NELSON REALTY, INC
Mls Name: Northeast South Dakota BOR
Mls ID: #30-4671
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.