40290 232nd StArtesianSD57314
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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 Artesian at 40290 232nd St, Artesian, SD, 57314 listed at $325,000 pairs $2,232/mo rent with a $1,591/mo payment to leave $178/mo cash flow. Total monthly income runs $2,232/mo, and annual cash flow reaches $2,135/yr on $107,738 cash to close. Return on cash invested measures 21.89% in year one, and rental yield registers 8.24% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 113.63% and total cumulative return in cash totals $122,425. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,232/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57314, Artesian, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 329 (100%) |
| Owner Occupied HU | 197 (59.9%) |
| Renter Occupied HU | 60 (18.2%) |
| Vacant Housing Units | 72 (21.9%) |
| Median Home Value | $207,000 |
| Average Home Value | $262,576 |
Housing Distribution
Address Breakdown
Residential
283
Single Family
283
Multi-Family
0
Businesses
14
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Listed by: Jeff Garrett • Hayden Outdoors Real Estate
Mls Name: My State MLS
Mls ID: #11327478