604 Poplar DrWagnerSD57380
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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 Wagner at 604 Poplar Dr, Wagner, SD, 57380 priced at $160,000 pairs $1,249/mo rent with $238/mo cash flow after a $783/mo payment. Total monthly income equals $1,249/mo, and annual cash flow comes to $2,856/yr on $53,040 invested. Return on cash invested is 25.29% in year one, and rental yield stands at 9.37% on a $160,000 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,205 by year five. Five-year ROI measures 131.88% and total cumulative return in cash reaches $69,950. For financing, Ziffy Mortgage’s DSCR program evaluates $1,249/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57380, Wagner, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,180 (100%) |
| Owner Occupied HU | 677 (57.4%) |
| Renter Occupied HU | 380 (32.2%) |
| Vacant Housing Units | 123 (10.4%) |
| Median Home Value | $235,241 |
| Average Home Value | $315,358 |
Housing Distribution
Address Breakdown
Residential
539
Single Family
487
Multi-Family
52
Businesses
114
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Listed by: Carson Koehn • Juffer Real Estate
Mls Name: Mitchell BOR
Mls Provider:
Mls ID: #25-233
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.