47771 237th StEganSD57024
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 Egan at 47771 237th St, Egan, SD, 57024 earns from $2,261/mo rent with a $2,888/mo payment. Total monthly income totals $2,261/mo. ROI tracks 10.99% on current figures, and rental yield reads 4.6% at a $590,000 purchase. Equity gained on principal adds $3,807/yr, and 5% annual appreciation supports $163,006 over five years. Five-year ROI reaches 55.15% and total cumulative return in cash sums $107,056. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,261/mo property income instead of your personal income.
Single Family
Built in 2006
6.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57024, Egan, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 194 (100%) |
| Owner Occupied HU | 112 (57.7%) |
| Renter Occupied HU | 56 (28.9%) |
| Vacant Housing Units | 26 (13.4%) |
| Median Home Value | $258,333 |
| Average Home Value | $283,326 |
Housing Distribution
Address Breakdown
Residential
165
Single Family
165
Multi-Family
0
Businesses
10
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Listed by: Brent Baker • eXp Realty
Mls Name: East Central South Dakota BOR
Mls ID: #25-609