514 4th Ave SEWatertownSD57201
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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 Watertown at 514 4th Ave SE, Watertown, SD, 57201 uses $58,013 cash to close to unlock $3,032/yr annual cash flow and $253/mo monthly cash flow. Total monthly income runs $1,359/mo, and a $857/mo payment keeps the spread at $253/mo. Purchase price stands at $175,000, and rental yield measures 9.32% with $1,359/mo rent. Return on cash invested shows 25.13% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 131.07% and total cumulative return in cash records $76,039. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,359/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1916
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57201, Watertown, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,815 (100%) |
| Owner Occupied HU | 7,500 (58.5%) |
| Renter Occupied HU | 4,115 (32.1%) |
| Vacant Housing Units | 1,200 ( 9.4%) |
| Median Home Value | $259,317 |
| Average Home Value | $291,875 |
Housing Distribution
Address Breakdown
Residential
12,495
Single Family
11,112
Multi-Family
1,383
Businesses
1,502
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Listed by: JILL J SCHOENEFELD • PLATINUM REALTY, INC.
Mls Name: Northeast South Dakota BOR
Mls ID: #50-152
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.