37 N 6th StBalticSD57003
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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 Baltic at 37 N 6th St, Baltic, SD, 57003 earns from $3,006/mo rent with a $2,442/mo payment. Total monthly income totals $3,006/mo. ROI tracks 18.84% on current figures, and rental yield reads 7.23% at a $499,000 purchase. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 over five years. Five-year ROI reaches 97.28% and total cumulative return in cash sums $160,914. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,006/mo property income instead of your personal income.
Single Family
Built in 2021
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57003, Baltic, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 824 (100%) |
| Owner Occupied HU | 718 (87.1%) |
| Renter Occupied HU | 84 (10.2%) |
| Vacant Housing Units | 22 ( 2.7%) |
| Median Home Value | $413,194 |
| Average Home Value | $452,705 |
Housing Distribution
Address Breakdown
Residential
713
Single Family
713
Multi-Family
0
Businesses
42
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Listed by: Cheryl Weeman • Mitchell Realty LLC
Mls Name: Mitchell BOR
Mls Provider:
Mls ID: #25-131
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.