609 Walnut StSummitSD57266
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 Summit at 609 Walnut St, Summit, SD, 57266 earns from $0/mo rent with a $974/mo payment. Total monthly income totals $0/mo. ROI tracks -2.97% on current figures, and rental yield reads 0% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1999
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57266, Summit, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 264 (100%) |
| Owner Occupied HU | 168 (63.6%) |
| Renter Occupied HU | 59 (22.3%) |
| Vacant Housing Units | 37 (14.0%) |
| Median Home Value | $131,250 |
| Average Home Value | $254,196 |
Housing Distribution
Address Breakdown
Residential
146
Single Family
146
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: MELISSA L O'FARRELL • HOFTIEZER REAL ESTATE
Mls Name: Northeast South Dakota BOR
Mls ID: #26-9063