42 E 2nd AveWebsterSD57274
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 Webster at 42 E 2nd Ave, Webster, SD, 57274 priced at $215,000 converts $2,087/mo rent into $729/mo cash flow after a $1,052/mo obligation. Total monthly income equals $2,087/mo, and annual cash flow totals $8,743/yr on $71,273 invested. Return on cash invested prints 32.18% in year one, and rental yield reads 11.65% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 168.82% and total cumulative return in cash sums $120,325. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,087/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 2013
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57274, Webster, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,465 (100%) |
| Owner Occupied HU | 919 (62.7%) |
| Renter Occupied HU | 280 (19.1%) |
| Vacant Housing Units | 266 (18.2%) |
| Median Home Value | $181,534 |
| Average Home Value | $280,452 |
Housing Distribution
Address Breakdown
Residential
1,294
Single Family
1,160
Multi-Family
134
Businesses
183
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Merry Lone • ML Real Estate
Mls Name: My State MLS
Mls ID: #11438371