533 Washington StBurkeSD57523
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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
Investment property for sale in Burke at 533 Washington St, Burke, SD, 57523 listed at $160,000 pairs $1,232/mo rent with a $783/mo payment to leave $221/mo cash flow. Total monthly income runs $1,232/mo, and annual cash flow reaches $2,652/yr on $53,040 cash to close. Return on cash invested measures 24.91% in year one, and rental yield registers 9.24% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 129.82% and total cumulative return in cash totals $68,858. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,232/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57523, Burke, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 578 (100%) |
| Owner Occupied HU | 375 (64.9%) |
| Renter Occupied HU | 118 (20.4%) |
| Vacant Housing Units | 85 (14.7%) |
| Median Home Value | $216,489 |
| Average Home Value | $251,940 |
Housing Distribution
Address Breakdown
Residential
303
Single Family
303
Multi-Family
0
Businesses
91
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Listed by: Linda Kay Shippy • Shippy Realty and Auction
Mls Name: Central South Dakota BOR
Mls ID: #25-279