518 3rd Ave WSissetonSD57262
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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 Sisseton at 518 3rd Ave W, Sisseton, SD, 57262 earns $132/mo cash flow from $827/mo rent with a $538/mo payment. Total monthly income totals $827/mo, and annual cash flow totals $1,587/yr on $36,465 capital. ROI tracks 24.26% on current figures, and rental yield reads 9.02% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 126.47% and total cumulative return in cash sums $46,116. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $827/mo property income instead of your personal income.
Single Family
Built in N/A
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57262, Sisseton, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,193 (100%) |
| Owner Occupied HU | 1,153 (52.6%) |
| Renter Occupied HU | 802 (36.6%) |
| Vacant Housing Units | 238 (10.9%) |
| Median Home Value | $156,703 |
| Average Home Value | $223,723 |
Housing Distribution
Address Breakdown
Residential
1,797
Single Family
1,525
Multi-Family
272
Businesses
242
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Listed by: Tony Valnes • Dakota View Realty & Auctions
Mls Name: My State MLS
Mls ID: #11619446