404 E Commerce StPlankintonSD57368
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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 Plankinton at 404 E Commerce St, Plankinton, SD, 57368 with 5% annual appreciation on a $165,000 basis while $1,127/mo rent supports operations. Total monthly income totals $1,127/mo and a $808/mo payment preserves $84/mo for cash returns. Annual cash flow comes to $1,006/yr on $54,698 deployed, and return on cash invested reaches 21.75% in year one. Equity gained on principal adds $1,065/yr, and five-year appreciation sums $45,586 alongside rental yield of 8.2%. Five-year ROI measures 112.87% and total cumulative return in cash totals $61,739.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,127/mo property income versus a $808/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1972
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57368, Plankinton, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 538 (100%) |
| Owner Occupied HU | 352 (65.4%) |
| Renter Occupied HU | 124 (23.0%) |
| Vacant Housing Units | 62 (11.5%) |
| Median Home Value | $170,652 |
| Average Home Value | $240,426 |
Housing Distribution
Address Breakdown
Residential
307
Single Family
307
Multi-Family
0
Businesses
53
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Listed by: Steve Peschong • Mitchell Realty LLC
Mls Name: Mitchell BOR
Mls Provider:
Mls ID: #24-247
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