44693 208th StLake PrestonSD57249
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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
Rental property for sale in Lake Preston at 44693 208th St, Lake Preston, SD, 57249 generates $2,074/mo in rent, after a $2,203/mo payment. Total monthly income is $2,074/mo. Return on cash invested sits at 13.71% in year one, and rental yield is 5.53% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 69.79% and total cumulative return in cash sums $104,106. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,074/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in 1983
10 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 |
Housing Distribution
Address Breakdown
Residential
405
Single Family
382
Multi-Family
23
Businesses
49
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Listed by: N/A • N/A
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Mls ID: #N/A