618 N MapleWatertownSD57201
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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 Watertown at 618 N Maple, Watertown, SD, 57201 priced at $474,200 converts $3,922/mo rent into $925/mo cash flow after a $2,321/mo obligation. Total monthly income equals $3,922/mo, and annual cash flow totals $11,103/yr on $157,197 invested. Return on cash invested prints 26.97% in year one, and rental yield reads 9.92% against a $474,200 entry. Equity gained on principal adds $3,060/yr, while 5% annual appreciation compiles into $131,013 by year five. Five-year ROI reaches 140.9% and total cumulative return in cash sums $221,492. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,922/mo property income covering a $2,321/mo payment, not borrower’s personal income.
Single Family
Built in 1890
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57201, Watertown, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,815 (100%) |
| Owner Occupied HU | 7,500 (58.5%) |
| Renter Occupied HU | 4,115 (32.1%) |
| Vacant Housing Units | 1,200 ( 9.4%) |
| Median Home Value | $259,317 |
| Average Home Value | $291,875 |
Housing Distribution
Address Breakdown
Residential
12,495
Single Family
11,112
Multi-Family
1,383
Businesses
1,502
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Listed by: N/A • N/A
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