355 E 2nd StParkerSD57053
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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 Parker at 355 E 2nd St, Parker, SD, 57053 earns $391/mo cash flow from $1,219/mo rent with a $641/mo payment. Total monthly income totals $1,219/mo, and annual cash flow totals $4,696/yr on $43,427 capital. ROI tracks 30.72% on current figures, and rental yield reads 11.17% at a $131,000 purchase. Equity gained on principal adds $845/yr, and 5% annual appreciation supports $36,193 over five years. Five-year ROI reaches 161.11% and total cumulative return in cash sums $69,965. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,219/mo property income instead of your personal income.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57053, Parker, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 867 (100%) |
| Owner Occupied HU | 691 (79.7%) |
| Renter Occupied HU | 116 (13.4%) |
| Vacant Housing Units | 60 ( 6.9%) |
| Median Home Value | $291,000 |
| Average Home Value | $341,776 |
Housing Distribution
Address Breakdown
Residential
542
Single Family
538
Multi-Family
4
Businesses
89
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No similar rental properties found nearby.
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Listed by: N/A • N/A
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