309 Prairie Ave SWDe SmetSD57231
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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 $1,784/mo, and a $3,911/mo payment. Purchase price stands at $799,000, and rental yield measures 2.68% with $1,784/mo rent. Return on cash invested shows 5.15% in year one, and 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 23.85% and total cumulative return in cash records $62,706. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,784/mo property income covering a $3,911/mo payment rather than investor’s personal income.
Home Type Unknown
Built in 2019
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57231, De Smet, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 856 (100%) |
| Owner Occupied HU | 565 (66.0%) |
| Renter Occupied HU | 171 (20.0%) |
| Vacant Housing Units | 120 (14.0%) |
| Median Home Value | $225,000 |
| Average Home Value | $278,412 |
Housing Distribution
Address Breakdown
Residential
593
Single Family
559
Multi-Family
34
Businesses
114
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Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A