44176 200th St, Lake Preston, SD, 57249 | 4.22% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
1728 sft

200 W Hickory St, Arlington, SD, 57212

3 Bed
2 Bath
1800 sft

704 5th St SE, Lake Preston, SD, 57249

4 Bed
2 Bath
2232 sft

709 2nd Ave N, Lake Norden, SD, 57248

3 Bed
3 Bath
1299 sft

706 Main Ave, Lake Norden, SD, 57248

Nearby investment properties with comparable prices

Airbnb Potential+ 1 more

3 Bed
2 Bath
1464 sft

104 E Lake Dr, Estelline, SD, 57234

4 Bed
2 Bath
1520 sft

180 NE Lake Dr, Estelline, SD, 57234

3 Bed
3 Bath
1920 sft

194 E Lake Dr, Estelline, SD, 57234

3 Bed
3 Bath
2380 sft

2041 Twin Lakes Rd, Lake Preston, SD, 57249

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $2,954/mo, and a $4,111/mo payment. Purchase price stands at $840,000, and rental yield measures 4.22% with $2,954/mo rent. Return on cash invested shows 9.84% in year one, and 5% annual appreciation builds toward $232,077 over five years. Five-year ROI reaches 48.97% and total cumulative return in cash records $135,326. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,954/mo property income covering a $4,111/mo payment rather than investor’s personal income.

Single Family

Built in 2015

7 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 57249, Lake Preston, SD area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	574 (100%)
Owner Occupied HU	351 (61.1%)
Renter Occupied HU	94 (16.4%)
Vacant Housing Units	129 (22.5%)
Median Home Value	$248,026
Average Home Value	$313,276