611 4th St WClear LakeSD57226
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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
Investment property for sale in Clear Lake at 611 4th St W, Clear Lake, SD, 57226 earns $174/mo cash flow from $1,089/mo rent with a $709/mo payment. Total monthly income totals $1,089/mo, and annual cash flow totals $2,082/yr on $48,034 capital. ROI tracks 24.24% on current figures, and rental yield reads 9.02% at a $144,900 purchase. Equity gained on principal adds $935/yr, and 5% annual appreciation supports $40,033 over five years. Five-year ROI reaches 126.31% and total cumulative return in cash sums $60,673. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,089/mo property income instead of your personal income.
Single Family
Built in 1897
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57226, Clear Lake, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 912 (100%) |
| Owner Occupied HU | 601 (65.9%) |
| Renter Occupied HU | 208 (22.8%) |
| Vacant Housing Units | 103 (11.3%) |
| Median Home Value | $186,349 |
| Average Home Value | $229,247 |
Housing Distribution
Address Breakdown
Residential
647
Single Family
594
Multi-Family
53
Businesses
95
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Listed by: ANNA AMMANN • DIAMOND REALTY
Mls Name: Northeast South Dakota BOR
Mls ID: #28-1349