42119 State Highway 38AlexandriaSD57311
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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 Alexandria at 42119 State Highway 38, Alexandria, SD, 57311 earns from $0/mo rent with a $4,038/mo payment. Total monthly income totals $0/mo. ROI tracks -2.99% on current figures, and rental yield reads 0% at a $825,000 purchase. Equity gained on principal adds $5,324/yr, and 5% annual appreciation supports $227,932 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 2003
5.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57311, Alexandria, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 528 (100%) |
| Owner Occupied HU | 397 (75.2%) |
| Renter Occupied HU | 64 (12.1%) |
| Vacant Housing Units | 67 (12.7%) |
| Median Home Value | $210,185 |
| Average Home Value | $287,361 |
Housing Distribution
Address Breakdown
Residential
290
Single Family
282
Multi-Family
8
Businesses
33
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Suzie M Bunkers • RE/MAX Professionals Inc
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22508318