521 E Kemp AveWatertownSD57201
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Watertown at 521 E Kemp Ave, Watertown, SD, 57201 generates $2,349/mo in rent and, after a $1,664/mo payment, leaves $201/mo in cash flow. Total monthly income is $2,349/mo, and annual cash flow is $2,406/yr on $112,710 invested. Return on cash invested sits at 22.04% in year one, and rental yield is 8.29% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 114.47% and total cumulative return in cash sums $129,018. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,349/mo property income rather than buyer’s personal income.
Single Family
Built in 1905
9,583 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: KARLA J DAGEL • RED DOOR REALTY
Mls Name: Northeast South Dakota BOR
Mls ID: #39-193