700 N Main AveBridgewaterSD57319
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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 Bridgewater at 700 N Main Ave, Bridgewater, SD, 57319 priced at $145,000 converts $0/mo rent into after a $710/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -4.66% in year one, and rental yield reads 0% against a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation compiles into $40,061 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $710/mo payment, not borrower’s personal income.
Single Family
Built in 1929
0.34 Acres 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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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Deborah Pulscher • Real Estate Retrievers of Sioux Falls
Mls Name: Realtor Association of the Sioux Empire
Mls Provider:
Mls ID: #22405147
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but not guaranteed. Copyright 2024 REALTOR Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.