441 N Adams StSalemSD57058
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
Investment property for sale in Salem at 441 N Adams St, Salem, SD, 57058 at $255,000 posts ROI 5.37% with from $587/mo rent. Total monthly income equals $587/mo. Return on cash invested measures 5.37% and rental yield reads 2.76% at the current $255,000. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 by year five. Five-year ROI prints 25.06% and total cumulative return in cash totals $21,188. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $587/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1918
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57058, Salem, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 915 (100%) |
| Owner Occupied HU | 619 (67.7%) |
| Renter Occupied HU | 190 (20.8%) |
| Vacant Housing Units | 106 (11.6%) |
| Median Home Value | $233,214 |
| Average Home Value | $291,951 |
Housing Distribution
Address Breakdown
Residential
626
Single Family
544
Multi-Family
82
Businesses
102
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle R Fox • Bonafide Real Estate LLC
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22508700