401 Lincoln StBurkeSD57523
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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 Burke at 401 Lincoln St, Burke, SD, 57523 priced at $114,900 pairs $0/mo rent with after a $562/mo payment. Total monthly income equals $0/mo. Return on cash invested is -2.96% in year one, and rental yield stands at 0% on a $114,900 basis. Equity gained on principal adds $741/yr, and 5% annual appreciation accumulates to $31,745 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $562/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1926
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57523, Burke, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 578 (100%) |
| Owner Occupied HU | 375 (64.9%) |
| Renter Occupied HU | 118 (20.4%) |
| Vacant Housing Units | 85 (14.7%) |
| Median Home Value | $216,489 |
| Average Home Value | $251,940 |
Housing Distribution
Address Breakdown
Residential
303
Single Family
303
Multi-Family
0
Businesses
91
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No similar rental properties found nearby.
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Listed by: Sheila Hoff • Keller Williams Realty Sioux Falls
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22507466