349 Lakeshore Dr UNIT BMccook LakeSD57049
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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 Mccook Lake at 349 Lakeshore Dr UNIT B, Mccook Lake, SD, 57049 generates $2,810/mo in rent, after a $2,936/mo payment. Total monthly income is $2,810/mo. Return on cash invested sits at 14.1% in year one, and rental yield is 5.62% on a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 71.83% and total cumulative return in cash sums $141,760. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,810/mo property income rather than buyer’s personal income.
Townhouse
Built in 2011
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57049, North Sioux City, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,494 (100%) |
| Owner Occupied HU | 2,294 (65.7%) |
| Renter Occupied HU | 1,068 (30.6%) |
| Vacant Housing Units | 132 ( 3.8%) |
| Median Home Value | $447,794 |
| Average Home Value | $495,932 |
Housing Distribution
Address Breakdown
Residential
3,392
Single Family
2,685
Multi-Family
707
Businesses
446
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Listed by: Jesse Derrick • Riverstone Realty
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #829077
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.