625 E Jesse CtTeaSD57064
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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 Tea at 625 E Jesse Ct, Tea, SD, 57064 generates $2,425/mo in rent and, after a $1,828/mo payment, leaves $65/mo in cash flow. Total monthly income is $2,425/mo, and annual cash flow is $777/yr on $123,815 invested. Return on cash invested sits at 20.54% in year one, and rental yield is 7.79% on a $373,500 entry. Equity gained on principal adds $2,410/yr, while 5% annual appreciation builds toward $103,191 over five years. Five-year ROI reaches 106.39% and total cumulative return in cash sums $131,724. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,425/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57064, Tea, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,630 (100%) |
| Owner Occupied HU | 1,755 (66.7%) |
| Renter Occupied HU | 743 (28.3%) |
| Vacant Housing Units | 132 ( 5.0%) |
| Median Home Value | $346,875 |
| Average Home Value | $371,044 |
Housing Distribution
Address Breakdown
Residential
3,020
Single Family
2,966
Multi-Family
54
Businesses
369
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Listed by: Kelly McKelvey • Premier Real Estate and Property Management
Mls Name: Northwest Iowa Regional BOR
Mls ID: #831095