504 5th Ave NWWilmotSD57279
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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 Wilmot at 504 5th Ave NW, Wilmot, SD, 57279 offers a 0% rental yield on a $159,000 purchase with $0/mo rent. 96% in year one. Equity gained on principal adds $1,026/yr while 5% annual appreciation supports $43,929 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57279, Wilmot, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 601 (100%) |
| Owner Occupied HU | 334 (55.6%) |
| Renter Occupied HU | 55 ( 9.2%) |
| Vacant Housing Units | 212 (35.3%) |
| Median Home Value | $334,043 |
| Average Home Value | $412,350 |
Housing Distribution
Address Breakdown
Residential
309
Single Family
309
Multi-Family
0
Businesses
49
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: ELLI GRABOW - FISCHER • THE REALTY TEAM
Mls Name: Northeast South Dakota BOR
Mls ID: #24-7126
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.