611 1st StWakondaSD57073
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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 Wakonda at 611 1st St, Wakonda, SD, 57073 with 5% annual appreciation on a $399,900 basis while $1,120/mo rent supports operations. 17% in year one. Equity gained on principal adds $2,580/yr, and five-year appreciation sums $110,485 alongside rental yield of 3.36%. Five-year ROI measures 34.75% and total cumulative return in cash totals $46,064. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,120/mo property income versus a $1,957/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1975
0.64 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Mason Schramm • The Move Group
Mls Name: Lewis and Clark BOR
Mls Provider:
Mls ID: #116555
Disclaimer: Copyright Lewis & Clark Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.