501 E 3rd AveFlandreauSD57028
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 Flandreau at 501 E 3rd Ave, Flandreau, SD, 57028 earns from $810/mo rent with a $734/mo payment. Total monthly income totals $810/mo. ROI tracks 16.59% on current figures, and rental yield reads 6.48% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 85.24% and total cumulative return in cash sums $42,359. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $810/mo property income instead of your personal income.
Single Family
Built in 1920
6,133 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57028, Flandreau, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,523 (100%) |
| Owner Occupied HU | 966 (63.4%) |
| Renter Occupied HU | 401 (26.3%) |
| Vacant Housing Units | 156 (10.2%) |
| Median Home Value | $200,450 |
| Average Home Value | $349,128 |
Housing Distribution
Address Breakdown
Residential
1,406
Single Family
1,268
Multi-Family
138
Businesses
151
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Listed by: Owen W Parsley • Real Estate Retrievers of Sioux Falls
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22506397