340 4th StScotlandSD57059
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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 Scotland at 340 4th St, Scotland, SD, 57059 offers a 0% rental yield on a $185,000 purchase with $0/mo rent. 96% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57059, Scotland, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 672 (100%) |
| Owner Occupied HU | 447 (66.5%) |
| Renter Occupied HU | 111 (16.5%) |
| Vacant Housing Units | 114 (17.0%) |
| Median Home Value | $153,423 |
| Average Home Value | $191,963 |
Housing Distribution
Address Breakdown
Residential
389
Single Family
368
Multi-Family
21
Businesses
63
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No similar rental properties found nearby.
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Listed by: Nicholas J Blau • Real Broker LLC
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22508252