310 Dakota StAlcesterSD57001
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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 Alcester at 310 Dakota St, Alcester, SD, 57001 priced at $100,000 converts $768/mo rent into $137/mo cash flow after a $489/mo obligation. Total monthly income equals $768/mo, and annual cash flow totals $1,638/yr on $33,150 invested. Return on cash invested prints 24.85% in year one, and rental yield reads 9.22% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 129.57% and total cumulative return in cash sums $42,952. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $768/mo property income covering a $489/mo payment, not borrower’s personal income.
Single Family
Built in 1900
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57001, Alcester, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 887 (100%) |
| Owner Occupied HU | 620 (69.9%) |
| Renter Occupied HU | 204 (23.0%) |
| Vacant Housing Units | 63 ( 7.1%) |
| Median Home Value | $196,474 |
| Average Home Value | $234,093 |
Housing Distribution
Address Breakdown
Residential
477
Single Family
457
Multi-Family
20
Businesses
49
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Nearby investment properties with comparable prices
Listed by: Shawn Giedd • Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls
Mls Name: Realtor Association of the Sioux Empire
Mls Provider:
Mls ID: #22500857
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