414 E Pearl StCastlewoodSD57223
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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 Castlewood at 414 E Pearl St, Castlewood, SD, 57223 earns $137/mo cash flow from $1,526/mo rent with a $1,076/mo payment. Total monthly income totals $1,526/mo, and annual cash flow totals $1,640/yr on $72,897 capital. ROI tracks 22.16% on current figures, and rental yield reads 8.33% at a $219,900 purchase. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 over five years. Five-year ROI reaches 115.09% and total cumulative return in cash sums $83,896. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,526/mo property income instead of your personal income.
Single Family
Built in 1978
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57223, Castlewood, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 597 (100%) |
| Owner Occupied HU | 441 (73.9%) |
| Renter Occupied HU | 103 (17.3%) |
| Vacant Housing Units | 53 ( 8.9%) |
| Median Home Value | $256,325 |
| Average Home Value | $315,743 |
Housing Distribution
Address Breakdown
Residential
410
Single Family
410
Multi-Family
0
Businesses
43
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Listed by: Kelan Bludorn • Best Choice Real Estate
Mls Name: East Central South Dakota BOR
Mls ID: #25-864