536 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
Rental property for sale in Pickstown at 536 Spillway Dr, Pickstown, SD, 57367 offers $1,175/mo rent that, after a $563/mo payment, leaves $448/mo cash flow. Total monthly income is $1,175/mo, and annual cash flow is $5,378/yr on $38,123 cash. Return on cash invested measures 34.02% in year one, and rental yield stands at 12.26% at a $115,000 entry. Equity gained on principal adds $742/yr while 5% annual appreciation compounds into $31,772 by year five. Five-year ROI records 178.79% and total cumulative return in cash reaches $68,157. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,175/mo property income versus a $563/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Lot
Built in N/A
0.34 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 Provider:
Mls ID: #24-76
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.