405 W Saint Nicholas StTeaSD57064
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
Investment Highlights
Investment property for sale in Tea at 405 W Saint Nicholas St, Tea, SD, 57064 with 5% annual appreciation on a $525,000 basis while $4,200/mo rent supports operations. Total monthly income totals $4,200/mo and a $2,570/mo payment preserves $882/mo for cash returns. Annual cash flow comes to $10,582/yr on $172,725 deployed, and return on cash invested reaches 26.19% in year one. Equity gained on principal adds $3,388/yr, and five-year appreciation sums $145,048 alongside rental yield of 9.6%. Five-year ROI measures 136.65% and total cumulative return in cash totals $236,025.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,200/mo property income versus a $2,570/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2008
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57064, Tea, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,630 (100%) |
| Owner Occupied HU | 1,755 (66.7%) |
| Renter Occupied HU | 743 (28.3%) |
| Vacant Housing Units | 132 ( 5.0%) |
| Median Home Value | $346,875 |
| Average Home Value | $371,044 |
Housing Distribution
Address Breakdown
Residential
3,020
Single Family
2,966
Multi-Family
54
Businesses
369
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeremy J Simon • Keller Williams Realty Sioux Falls
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22507444