311 E 9th AveFort PierreSD57532
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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 Fort Pierre at 311 E 9th Ave, Fort Pierre, SD, 57532 offers a 10.88% rental yield on a $235,000 purchase with $2,130/mo rent. Total monthly income registers $2,130/mo, and a $1,150/mo payment leaves $645/mo available for distribution. Annual cash flow reaches $7,742/yr on $77,903 to close, and return on cash invested stands at 29.85% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 156.37% and total cumulative return in cash at $121,816. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,130/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57532, Fort Pierre, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,453 (100%) |
| Owner Occupied HU | 1,020 (70.2%) |
| Renter Occupied HU | 244 (16.8%) |
| Vacant Housing Units | 189 (13.0%) |
| Median Home Value | $272,222 |
| Average Home Value | $329,140 |
Housing Distribution
Address Breakdown
Residential
1,100
Single Family
958
Multi-Family
142
Businesses
168
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Listed by: Cathy Sonnenschein • Cathy Sonnenschein Properties
Mls Name: Central South Dakota BOR
Mls ID: #25-535