480 S Oak AveParkerSD57053
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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 Parker at 480 S Oak Ave, Parker, SD, 57053 with 5% annual appreciation on a $266,100 basis while $1,932/mo rent supports operations. Total monthly income totals $1,932/mo and a $1,302/mo payment preserves $251/mo for cash returns. Annual cash flow comes to $3,010/yr on $88,212 deployed, and return on cash invested reaches 23.32% in year one. Equity gained on principal adds $1,717/yr, and five-year appreciation sums $73,519 alongside rental yield of 8.71%. Five-year ROI measures 121.32% and total cumulative return in cash totals $107,017.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,932/mo property income versus a $1,302/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57053, Parker, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 867 (100%) |
| Owner Occupied HU | 691 (79.7%) |
| Renter Occupied HU | 116 (13.4%) |
| Vacant Housing Units | 60 ( 6.9%) |
| Median Home Value | $291,000 |
| Average Home Value | $341,776 |
Housing Distribution
Address Breakdown
Residential
542
Single Family
538
Multi-Family
4
Businesses
89
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Listed by: N/A • N/A
Mls Name: EXIT Realty broker feed
Mls ID: #22407380