518 Walnut StFrankfortSD57440
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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 Frankfort at 518 Walnut St, Frankfort, SD, 57440 earns $245/mo cash flow from $1,162/mo rent with a $710/mo payment. Total monthly income totals $1,162/mo, and annual cash flow totals $2,945/yr on $48,068 capital. ROI tracks 26.03% on current figures, and rental yield reads 9.62% at a $145,000 purchase. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 over five years. Five-year ROI reaches 135.93% and total cumulative return in cash sums $65,336. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,162/mo property income instead of your personal income.
Single Family
Built in 1915
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57440, Frankfort, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 158 (100%) |
| Owner Occupied HU | 113 (71.5%) |
| Renter Occupied HU | 24 (15.2%) |
| Vacant Housing Units | 21 (13.3%) |
| Median Home Value | $154,167 |
| Average Home Value | $210,863 |
Housing Distribution
Address Breakdown
Residential
135
Single Family
135
Multi-Family
0
Businesses
4
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Listed by: Alisa Lutter • Lutter Realty Inc.
Mls Name: My State MLS
Mls ID: #11471732