50 N 6th StBalticSD57003
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 Baltic at 50 N 6th St, Baltic, SD, 57003 offers a 6.26% rental yield on a $459,900 purchase with $2,400/mo rent. 92% in year one. Equity gained on principal adds $2,968/yr while 5% annual appreciation supports $127,062 over five years. Portfolio math shows five-year ROI at 81.64% and total cumulative return in cash at $124,470. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $2,251/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
7,819 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57003, Baltic, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 824 (100%) |
| Owner Occupied HU | 718 (87.1%) |
| Renter Occupied HU | 84 (10.2%) |
| Vacant Housing Units | 22 ( 2.7%) |
| Median Home Value | $413,194 |
| Average Home Value | $452,705 |
Housing Distribution
Address Breakdown
Residential
713
Single Family
713
Multi-Family
0
Businesses
42
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Nearby investment properties with comparable prices
Listed by: Chelsea Link • Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls
Mls Name: Realtor Association of the Sioux Empire
Mls Provider:
Mls ID: #22501458
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