44641 161st StFlorenceSD57235
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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 Florence at 44641 161st St, Florence, SD, 57235 offers a 7.63% rental yield on a $499,900 purchase with $3,180/mo rent. Total monthly income registers $3,180/mo, and a $2,447/mo payment leaves $21/mo available for distribution. Annual cash flow reaches $248/yr on $165,717 to close, and return on cash invested stands at 20.06% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,113 over five years. Portfolio math shows five-year ROI at 103.81% and total cumulative return in cash at $172,032. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,180/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1907
37.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57235, Florence, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 331 (100%) |
| Owner Occupied HU | 271 (81.9%) |
| Renter Occupied HU | 31 ( 9.4%) |
| Vacant Housing Units | 29 ( 8.8%) |
| Median Home Value | $325,000 |
| Average Home Value | $362,814 |
Housing Distribution
Address Breakdown
Residential
248
Single Family
248
Multi-Family
0
Businesses
14
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Listed by: LYNN MORRIS • THE REALTY TEAM
Mls Name: Northeast South Dakota BOR
Mls ID: #24-7082