631 E 2nd StBridgewaterSD57319
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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 Bridgewater at 631 E 2nd St, Bridgewater, SD, 57319 offers a 0% rental yield on a $209,000 purchase with $0/mo rent. 97% in year one. Equity gained on principal adds $1,349/yr while 5% annual appreciation supports $57,743 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,023/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
10,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57319, Bridgewater, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 448 (100%) |
| Owner Occupied HU | 303 (67.6%) |
| Renter Occupied HU | 70 (15.6%) |
| Vacant Housing Units | 75 (16.7%) |
| Median Home Value | $200,595 |
| Average Home Value | $239,307 |
Housing Distribution
Address Breakdown
Residential
351
Single Family
324
Multi-Family
27
Businesses
33
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Listed by: Andrew S Holzbaugh • Hegg, REALTORS
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22504871