44296 113th StLake 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
Investment property for sale in Lake City at 44296 113th St, Lake City, SD, 57247 earns from $2,357/mo rent with a $3,241/mo payment. Total monthly income totals $2,357/mo. ROI tracks 9.99% on current figures, and rental yield reads 4.27% at a $662,200 purchase. Equity gained on principal adds $4,273/yr, and 5% annual appreciation supports $182,954 over five years. Five-year ROI reaches 49.82% and total cumulative return in cash sums $108,532. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,357/mo property income instead of your personal income.
Single Family
Built in 1975
113 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: N/A • N/A
Mls Name: EXIT Realty broker feed
Mls ID: #32-2190