37023 157th StChelseaSD57465
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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 Chelsea at 37023 157th St, Chelsea, SD, 57465 offers a 6.33% rental yield on a $410,000 purchase with $2,162/mo rent. 12% in year one. Equity gained on principal adds $2,646/yr while 5% annual appreciation supports $113,275 over five years. Portfolio math shows five-year ROI at 82.69% and total cumulative return in cash at $112,391. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,162/mo property income against a $2,007/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1912
23.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57465, Northville, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 148 (100%) |
| Owner Occupied HU | 109 (73.6%) |
| Renter Occupied HU | 12 ( 8.1%) |
| Vacant Housing Units | 27 (18.2%) |
| Median Home Value | $152,344 |
| Average Home Value | $195,482 |
Housing Distribution
Address Breakdown
Residential
92
Single Family
92
Multi-Family
0
Businesses
9
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Listed by: Nancy Jark • JARK REAL ESTATE
Mls Name: Aberdeen MLS
Mls Provider:
Mls ID: #25-346
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.