31 26th SW #WABVORWatertownSD57201
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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
Rental property for sale in Watertown at 31 26th SW #WABVOR, Watertown, SD, 57201 offers $2,891/mo rent that, after a $1,883/mo payment, leaves $460/mo cash flow. Total monthly income is $2,891/mo, and annual cash flow is $5,516/yr on $127,561 cash. Return on cash invested measures 24.23% in year one, and rental yield stands at 9.02% at a $384,800 entry. Equity gained on principal adds $2,483/yr while 5% annual appreciation compounds into $106,313 by year five. Five-year ROI records 126.19% and total cumulative return in cash reaches $160,976. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,891/mo property income versus a $1,883/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A 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: N/A • N/A
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Mls ID: #N/A