309 Main St SBristolSD57219
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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 Bristol at 309 Main St S, Bristol, SD, 57219 listed at $234,000 pairs $2,047/mo rent with a $1,145/mo payment to leave $569/mo cash flow. Total monthly income runs $2,047/mo, and annual cash flow reaches $6,823/yr on $77,571 cash to close. Return on cash invested measures 28.7% in year one, and rental yield registers 10.5% at a $234,000 basis. Equity gained on principal adds $1,510/yr, and annual property appreciation at 5% supports $64,650 by year five. Five-year ROI tracks 150.21% and total cumulative return in cash totals $116,523. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,047/mo property income relative to a $1,145/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57219, Bristol, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 258 (100%) |
| Owner Occupied HU | 176 (68.2%) |
| Renter Occupied HU | 25 ( 9.7%) |
| Vacant Housing Units | 57 (22.1%) |
| Median Home Value | $175,000 |
| Average Home Value | $276,378 |
Housing Distribution
Address Breakdown
Residential
208
Single Family
208
Multi-Family
0
Businesses
25
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Listed by: ERICKA M ALDRICH • 203 Realty
Mls Name: Northeast South Dakota BOR
Mls ID: #35-669