406 2nd St NEstellineSD57234
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
Rental property for sale in Estelline at 406 2nd St N, Estelline, SD, 57234 priced at $179,900 pairs $1,726/mo rent with $589/mo cash flow after a $881/mo payment. Total monthly income equals $1,726/mo, and annual cash flow comes to $7,064/yr on $59,637 invested. Return on cash invested is 31.75% in year one, and rental yield stands at 11.51% on a $179,900 basis. Equity gained on principal adds $1,161/yr, and 5% annual appreciation accumulates to $49,703 by year five. Five-year ROI measures 166.56% and total cumulative return in cash reaches $99,333. For financing, Ziffy Mortgage’s DSCR program evaluates $1,726/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1904
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57234, Estelline, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 781 (100%) |
| Owner Occupied HU | 460 (58.9%) |
| Renter Occupied HU | 63 ( 8.1%) |
| Vacant Housing Units | 258 (33.0%) |
| Median Home Value | $316,867 |
| Average Home Value | $374,277 |
Housing Distribution
Address Breakdown
Residential
385
Single Family
385
Multi-Family
0
Businesses
39
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Listed by: Justin Fjeldos • eXp Realty
Mls Name: East Central South Dakota BOR
Mls ID: #25-797