516 Spillway DrPickstownSD57367
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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 Pickstown at 516 Spillway Dr, Pickstown, SD, 57367 listed at $625,000 pairs $1,973/mo rent with a $3,059/mo payment. Total monthly income runs $1,973/mo. Return on cash invested measures 8.52% in year one, and rental yield registers 3.79% at a $625,000 basis. Equity gained on principal adds $4,033/yr, and annual property appreciation at 5% supports $172,676 by year five. Five-year ROI tracks 41.95% and total cumulative return in cash totals $86,257. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,973/mo property income relative to a $3,059/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57367, Pickstown, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 109 (100%) |
| Owner Occupied HU | 52 (47.7%) |
| Renter Occupied HU | 24 (22.0%) |
| Vacant Housing Units | 33 (30.3%) |
| Median Home Value | $300,000 |
| Average Home Value | $368,894 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
17
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Listed by: Alison Woods • Juffer Real Estate
Mls Name: Mitchell BOR
Mls ID: #25-414