401 Dakota StAlcesterSD57001
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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 Alcester at 401 Dakota St, Alcester, SD, 57001 offers $0/mo rent that, after a $732/mo payment. Total monthly income is $0/mo. Return on cash invested measures -2.97% in year one, and rental yield stands at 0% at a $149,500 entry. Equity gained on principal adds $965/yr while 5% annual appreciation compounds into $41,304 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $732/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57001, Alcester, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 887 (100%) |
| Owner Occupied HU | 620 (69.9%) |
| Renter Occupied HU | 204 (23.0%) |
| Vacant Housing Units | 63 ( 7.1%) |
| Median Home Value | $196,474 |
| Average Home Value | $234,093 |
Housing Distribution
Address Breakdown
Residential
477
Single Family
457
Multi-Family
20
Businesses
49
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Ron P Weber • Hegg, REALTORS
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22505226