407 N 4th StBeresfordSD57004
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 407 N 4th St, Beresford, SD, 57004 in Beresford is straightforward: $218,900 in, $1,726/mo in rent, $342/mo out after debt service. The 9.46% gross yield and 1.75 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $60,478 by year five. With $2,016/yr in principal equity, the total cumulative return is projected at $105,253.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.2% |
| Monthly Cash Flow | $342 | $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 | $1,726 |
| Total Monthly Debt Service | $1,296 |
| DSCR Ratio | 1.33x |
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.
Single Family
Built in 1905
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57004, Beresford, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,559 (100%) |
| Owner Occupied HU | 1,159 (74.3%) |
| Renter Occupied HU | 304 (19.5%) |
| Vacant Housing Units | 96 ( 6.2%) |
| Median Home Value | $292,170 |
| Average Home Value | $331,299 |
Housing Distribution
Address Breakdown
Residential
1,449
Single Family
1,361
Multi-Family
88
Businesses
153
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
Single Family
Built in 1905
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57004, Beresford, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,559 (100%) |
| Owner Occupied HU | 1,159 (74.3%) |
| Renter Occupied HU | 304 (19.5%) |
| Vacant Housing Units | 96 ( 6.2%) |
| Median Home Value | $292,170 |
| Average Home Value | $331,299 |
Housing Distribution
Address Breakdown
Residential
1,449
Single Family
1,361
Multi-Family
88
Businesses
153
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laken A Atwood • Keller Williams Realty Sioux Falls
Mls Name: Realtor Association of the Sioux Empire
Mls Provider:
Mls ID: #22409000
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but not guaranteed. Copyright 2025 REALTOR Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.