331 E 5th StBridgewaterSD57319
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bridgewater at 331 E 5th St, Bridgewater, SD, 57319 generates $3,044/mo in rent and, after a $1,566/mo payment, leaves $1,022/mo in cash flow. Total monthly income is $3,044/mo, and annual cash flow is $12,264/yr on $106,080 invested. Return on cash invested sits at 31.47% in year one, and rental yield is 11.42% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 165% and total cumulative return in cash sums $175,035. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,044/mo property income rather than buyer’s personal income.
Manufactured
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57319, Bridgewater, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 448 (100%) |
| Owner Occupied HU | 303 (67.6%) |
| Renter Occupied HU | 70 (15.6%) |
| Vacant Housing Units | 75 (16.7%) |
| Median Home Value | $200,595 |
| Average Home Value | $239,307 |
Housing Distribution
Address Breakdown
Residential
351
Single Family
324
Multi-Family
27
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Craig W Tischler • Mitchell Realty LLC
Mls Name: Mitchell BOR
Mls ID: #26-2