48422 Baileys Bay RdBig Stone CitySD57216
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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 Big Stone City at 48422 Baileys Bay Rd, Big Stone City, SD, 57216 generates $976/mo in rent, after a $1,848/mo payment. Total monthly income is $976/mo. Return on cash invested sits at 4.95% in year one, and rental yield is 3.1% on a $377,500 entry. Equity gained on principal adds $2,436/yr, while 5% annual appreciation builds toward $104,296 over five years. Five-year ROI reaches 23.36% and total cumulative return in cash sums $29,228. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $976/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
1 Acres lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57216, Big Stone City, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 585 (100%) |
| Owner Occupied HU | 354 (60.5%) |
| Renter Occupied HU | 61 (10.4%) |
| Vacant Housing Units | 170 (29.1%) |
| Median Home Value | $254,167 |
| Average Home Value | $284,675 |
Housing Distribution
Address Breakdown
Residential
429
Single Family
421
Multi-Family
8
Businesses
36
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Listed by: DENICE HOOTH • 203 Realty
Mls Name: Northeast South Dakota BOR
Mls ID: #35-642
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