400 N Kansas StClarkSD57225
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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 Clark at 400 N Kansas St, Clark, SD, 57225 priced at $189,900 converts $1,427/mo rent into $227/mo cash flow after a $929/mo obligation. Total monthly income equals $1,427/mo, and annual cash flow totals $2,729/yr on $62,952 invested. Return on cash invested prints 24.24% in year one, and rental yield reads 9.02% against a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation compiles into $52,466 by year five. Five-year ROI reaches 126.31% and total cumulative return in cash sums $79,517. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,427/mo property income covering a $929/mo payment, not borrower’s personal income.
Single Family
Built in 1993
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57225, Clark, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 855 (100%) |
| Owner Occupied HU | 548 (64.1%) |
| Renter Occupied HU | 191 (22.3%) |
| Vacant Housing Units | 116 (13.6%) |
| Median Home Value | $171,277 |
| Average Home Value | $231,907 |
Housing Distribution
Address Breakdown
Residential
773
Single Family
705
Multi-Family
68
Businesses
113
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Listed by: JIM A ZECK • ZENITH PROPERTIES
Mls Name: Northeast South Dakota BOR
Mls ID: #42-90