401 Main StJeffersonSD57038
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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 Jefferson at 401 Main St, Jefferson, SD, 57038 priced at $119,950 converts $932/mo rent into $174/mo cash flow after a $587/mo obligation. Total monthly income equals $932/mo, and annual cash flow totals $2,089/yr on $39,763 invested. Return on cash invested prints 25.16% in year one, and rental yield reads 9.32% against a $119,950 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,140 by year five. Five-year ROI reaches 131.29% and total cumulative return in cash sums $52,203. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $932/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1910
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57038, Jefferson, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 797 (100%) |
| Owner Occupied HU | 567 (71.1%) |
| Renter Occupied HU | 173 (21.7%) |
| Vacant Housing Units | 57 ( 7.2%) |
| Median Home Value | $342,547 |
| Average Home Value | $351,411 |
Housing Distribution
Address Breakdown
Residential
580
Single Family
580
Multi-Family
0
Businesses
19
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Listed by: Aaron Tyler • Keller Williams Siouxland
Mls Name: Northwest Iowa Regional BOR
Mls ID: #830720