412 S Walnut AveBridgewaterSD57319
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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 Bridgewater at 412 S Walnut Ave, Bridgewater, SD, 57319 with 5% annual appreciation on a $540,000 basis while $3,997/mo rent supports operations. Total monthly income totals $3,997/mo and a $2,643/mo payment preserves $585/mo for cash returns. Annual cash flow comes to $7,014/yr on $177,660 deployed, and return on cash invested reaches 24.01% in year one. Equity gained on principal adds $3,485/yr, and five-year appreciation sums $149,192 alongside rental yield of 8.88%. Five-year ROI measures 124.98% and total cumulative return in cash totals $222,038.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,997/mo property income versus a $2,643/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2014
1.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57319, Bridgewater, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 448 (100%) |
| Owner Occupied HU | 303 (67.6%) |
| Renter Occupied HU | 70 (15.6%) |
| Vacant Housing Units | 75 (16.7%) |
| Median Home Value | $200,595 |
| Average Home Value | $239,307 |
Housing Distribution
Address Breakdown
Residential
351
Single Family
324
Multi-Family
27
Businesses
33
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Listed by: Cheryl Weeman • Mitchell Realty LLC
Mls Name: Mitchell BOR
Mls Provider:
Mls ID: #24-381
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.