405 S Frank AveGarretsonSD57030
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Garretson rental at 405 S Frank Ave, Garretson, SD, 57030 sits in the solid-income band: 9.37% gross yield, $1,402/mo rent, $268/mo net after the $807/mo debt service, DSCR 1.74. Entry price of $179,500 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $49,593 and $1,653/yr in principal reduction bring total cumulative return to $85,439.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.2% |
| Monthly Cash Flow | $268 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,402 |
| Total Monthly Debt Service | $1,063 |
| DSCR Ratio | 1.32x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2020
1.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57030, Garretson, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,255 (100%) |
| Owner Occupied HU | 1,023 (81.5%) |
| Renter Occupied HU | 162 (12.9%) |
| Vacant Housing Units | 70 ( 5.6%) |
| Median Home Value | $413,202 |
| Average Home Value | $478,326 |
Housing Distribution
Address Breakdown
Residential
1,054
Single Family
1,038
Multi-Family
16
Businesses
66
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 2020
1.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57030, Garretson, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,255 (100%) |
| Owner Occupied HU | 1,023 (81.5%) |
| Renter Occupied HU | 162 (12.9%) |
| Vacant Housing Units | 70 ( 5.6%) |
| Median Home Value | $413,202 |
| Average Home Value | $478,326 |
Housing Distribution
Address Breakdown
Residential
1,054
Single Family
1,038
Multi-Family
16
Businesses
66
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22602018