412 16th St NEWatertownSD57201
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 Watertown at 412 16th St NE, Watertown, SD, 57201 earns $833/mo cash flow from $2,968/mo rent with a $1,654/mo payment. Total monthly income totals $2,968/mo, and annual cash flow totals $9,990/yr on $112,014 capital. ROI tracks 28.83% on current figures, and rental yield reads 10.54% at a $337,900 purchase. Equity gained on principal adds $2,180/yr, and 5% annual appreciation supports $93,356 over five years. Five-year ROI reaches 150.86% and total cumulative return in cash sums $168,979. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,968/mo property income instead of your personal income.
Single Family
Built in 1985
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57201, Watertown, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,815 (100%) |
| Owner Occupied HU | 7,500 (58.5%) |
| Renter Occupied HU | 4,115 (32.1%) |
| Vacant Housing Units | 1,200 ( 9.4%) |
| Median Home Value | $259,317 |
| Average Home Value | $291,875 |
Housing Distribution
Address Breakdown
Residential
12,495
Single Family
11,112
Multi-Family
1,383
Businesses
1,502
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JASON GOETTE • SoDak Realty, LLC
Mls Name: Northeast South Dakota BOR
Mls ID: #41-115