403 1st Ave EClarkSD57225
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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 Clark at 403 1st Ave E, Clark, SD, 57225 with 5% annual appreciation on a $190,000 basis while $1,643/mo rent supports operations. Total monthly income totals $1,643/mo and a $930/mo payment preserves $442/mo for cash returns. Annual cash flow comes to $5,307/yr on $62,985 deployed, and return on cash invested reaches 28.33% in year one. Equity gained on principal adds $1,226/yr, and five-year appreciation sums $52,494 alongside rental yield of 10.38%. Five-year ROI measures 148.26% and total cumulative return in cash totals $93,384.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,643/mo property income versus a $930/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
1 Acres 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: DORETTE J CLARK • PLATINUM REALTY, INC.
Mls Name: Northeast South Dakota BOR
Mls ID: #50-130
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.