64 Oddin AveNew EffingtonSD57255
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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 New Effington at 64 Oddin Ave, New Effington, SD, 57255 uses $48,068 cash to close to unlock $4,337/yr annual cash flow and $361/mo monthly cash flow. Total monthly income runs $1,278/mo, and a $710/mo payment keeps the spread at $361/mo. Purchase price stands at $145,000, and rental yield measures 10.58% with $1,278/mo rent. Return on cash invested shows 28.93% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 151.48% and total cumulative return in cash records $72,812. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,278/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57255, New Effington, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 191 (100%) |
| Owner Occupied HU | 135 (70.7%) |
| Renter Occupied HU | 33 (17.3%) |
| Vacant Housing Units | 23 (12.0%) |
| Median Home Value | $105,357 |
| Average Home Value | $485,722 |
Housing Distribution
Address Breakdown
Residential
132
Single Family
124
Multi-Family
8
Businesses
17
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Listed by: Tony Valnes • Dakota View Realty & Auctions
Mls Name: My State MLS
Mls ID: #11440751