505 E Dakota AvePierreSD57501
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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 Pierre at 505 E Dakota Ave, Pierre, SD, 57501 at $154,000 posts ROI 25.49% with $238/mo cash flow from $1,211/mo rent. Total monthly income equals $1,211/mo, and annual cash flow records $2,851/yr on $51,051 to close. Return on cash invested measures 25.49% and rental yield reads 9.44% at the current $154,000. Equity gained on principal adds $994/yr, and 5% annual appreciation supports $42,547 by year five. Five-year ROI prints 133% and total cumulative return in cash totals $67,898.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,211/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1916
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57501, Pierre, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,959 (100%) |
| Owner Occupied HU | 4,876 (61.3%) |
| Renter Occupied HU | 2,256 (28.3%) |
| Vacant Housing Units | 827 (10.4%) |
| Median Home Value | $253,378 |
| Average Home Value | $296,914 |
Housing Distribution
Address Breakdown
Residential
7,625
Single Family
6,604
Multi-Family
1,021
Businesses
1,013
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Listed by: Jake Johnson • Dupont Real Estate
Mls Name: Central South Dakota BOR
Mls Provider:
Mls ID: #25-159
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.