515 Main StWebsterSD57274
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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
Rental property for sale in Webster at 515 Main St, Webster, SD, 57274 offers $714/mo rent that, after a $857/mo payment. Total monthly income is $714/mo. Return on cash invested measures 11.79% in year one, and rental yield stands at 4.9% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 59.52% and total cumulative return in cash reaches $34,531. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $714/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
3,550 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57274, Webster, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,465 (100%) |
| Owner Occupied HU | 919 (62.7%) |
| Renter Occupied HU | 280 (19.1%) |
| Vacant Housing Units | 266 (18.2%) |
| Median Home Value | $181,534 |
| Average Home Value | $280,452 |
Housing Distribution
Address Breakdown
Residential
1,294
Single Family
1,160
Multi-Family
134
Businesses
183
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Listed by: Rene D Meyer • eXp Realty
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22507492