360 N Cedar AveParkerSD57053
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
Investment property for sale in Parker at 360 N Cedar Ave, Parker, SD, 57053 with 5% annual appreciation on a $327,900 basis while $1,864/mo rent supports operations. 61% in year one. Equity gained on principal adds $2,116/yr, and five-year appreciation sums $90,593 alongside rental yield of 6.82%. Five-year ROI measures 90.69% and total cumulative return in cash totals $98,579. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,864/mo property income versus a $1,605/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
0.33 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leslie Kuntz • Lewis and Clark Realty Inc.
Mls Name: Lewis and Clark BOR
Mls Provider:
Mls ID: #116396
Disclaimer: Copyright Lewis & Clark Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.