602 E 12th StDell RapidsSD57022
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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 Dell Rapids at 602 E 12th St, Dell Rapids, SD, 57022 earns from $1,500/mo rent with a $2,006/mo payment. Total monthly income totals $1,500/mo. ROI tracks 10.28% on current figures, and rental yield reads 4.39% at a $409,900 purchase. Equity gained on principal adds $2,645/yr, and 5% annual appreciation supports $113,248 over five years. Five-year ROI reaches 51.37% and total cumulative return in cash sums $69,808. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,500/mo property income instead of your personal income.
Single Family
Built in 1972
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57022, Dell Rapids, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,273 (100%) |
| Owner Occupied HU | 1,713 (75.4%) |
| Renter Occupied HU | 504 (22.2%) |
| Vacant Housing Units | 56 ( 2.5%) |
| Median Home Value | $381,719 |
| Average Home Value | $464,361 |
Housing Distribution
Address Breakdown
Residential
2,130
Single Family
2,017
Multi-Family
113
Businesses
169
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Nearby investment properties with comparable prices
Listed by: Chelsea Link • Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls
Mls Name: Realtor Association of the Sioux Empire
Mls Provider:
Mls ID: #22502908
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