509 Aana AveBalticSD57003
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
Rental property for sale in Baltic at 509 Aana Ave, Baltic, SD, 57003 offers $2,400/mo rent that, after a $1,370/mo payment, leaves $631/mo cash flow. Total monthly income is $2,400/mo, and annual cash flow is $7,574/yr on $92,787 cash. Return on cash invested measures 28.07% in year one, and rental yield stands at 10.29% at a $279,900 entry. Equity gained on principal adds $1,806/yr while 5% annual appreciation compounds into $77,331 by year five. Five-year ROI records 146.83% and total cumulative return in cash reaches $136,237. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,400/mo property income versus a $1,370/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.32 Acres 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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Listed by: David H Mettler • Keller Williams Realty Sioux Falls
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22508509