705 Cedar StYanktonSD57078
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 705 Cedar St, Yankton, SD, 57078 in Yankton is narrow, $113/mo net on $1,313/mo rent after the $854/mo debt service, but the property operates at break-even-plus, not a loss. At $189,900 with a 8.3% yield, the long-run equity case via 5% appreciation ($52,466 over five years) and $1,749/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.54 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $79,422.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 5.6% |
| Monthly Cash Flow | $113 | $285 |
City averages based on Yankton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,313 |
| Total Monthly Debt Service | $1,125 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1968
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57078, Yankton, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,358 (100%) |
| Owner Occupied HU | 5,631 (60.2%) |
| Renter Occupied HU | 2,882 (30.8%) |
| Vacant Housing Units | 845 ( 9.0%) |
| Median Home Value | $252,854 |
| Average Home Value | $294,592 |
Housing Distribution
Address Breakdown
Residential
8,855
Single Family
7,648
Multi-Family
1,207
Businesses
1,031
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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
Multi Family
Built in 1968
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57078, Yankton, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,358 (100%) |
| Owner Occupied HU | 5,631 (60.2%) |
| Renter Occupied HU | 2,882 (30.8%) |
| Vacant Housing Units | 845 ( 9.0%) |
| Median Home Value | $252,854 |
| Average Home Value | $294,592 |
Housing Distribution
Address Breakdown
Residential
8,855
Single Family
7,648
Multi-Family
1,207
Businesses
1,031
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Jessica Anderson • Vision Real Estate Services
Mls Name: Meridian AOR
Mls ID: #117129