500 Main StJeffersonSD57038
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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 Jefferson at 500 Main St, Jefferson, SD, 57038 priced at $120,000 pairs $957/mo rent with $199/mo cash flow after a $587/mo payment. Total monthly income equals $957/mo, and annual cash flow comes to $2,388/yr on $39,780 invested. Return on cash invested is 25.91% in year one, and rental yield stands at 9.57% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 135.16% and total cumulative return in cash reaches $53,767. For financing, Ziffy Mortgage’s DSCR program evaluates $957/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1947
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57038, Jefferson, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 797 (100%) |
| Owner Occupied HU | 567 (71.1%) |
| Renter Occupied HU | 173 (21.7%) |
| Vacant Housing Units | 57 ( 7.2%) |
| Median Home Value | $342,547 |
| Average Home Value | $351,411 |
Housing Distribution
Address Breakdown
Residential
580
Single Family
580
Multi-Family
0
Businesses
19
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Listed by: Alex Imming • Keller Williams Siouxland
Mls Name: Northwest Iowa Regional BOR
Mls ID: #830002