44013 State Highway 10Lake CitySD57247
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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
Total monthly income runs $1,027/mo, and a $1,346/mo payment. Purchase price stands at $275,000, and rental yield measures 4.48% with $1,027/mo rent. Return on cash invested shows 10.55% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 52.89% and total cumulative return in cash records $48,215. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,027/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in N/A
2.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57247, Lake City, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 503 (100%) |
| Owner Occupied HU | 148 (29.4%) |
| Renter Occupied HU | 44 ( 8.7%) |
| Vacant Housing Units | 311 (61.8%) |
| Median Home Value | $209,375 |
| Average Home Value | $245,456 |
Housing Distribution
Address Breakdown
Residential
179
Single Family
179
Multi-Family
0
Businesses
6
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Listed by: Katie Graeb • Whitetail Properties Real Estate, LLC
Mls Name: My State MLS
Mls ID: #11320196