705 Cedar StYanktonSD57078
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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 Yankton at 705 Cedar St, Yankton, SD, 57078 offers a 10.49% rental yield on a $189,900 purchase with $1,660/mo rent. Total monthly income registers $1,660/mo, and a $929/mo payment leaves $460/mo available for distribution. Annual cash flow reaches $5,525/yr on $62,952 to close, and return on cash invested stands at 28.69% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 150.1% and total cumulative return in cash at $94,493. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,660/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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Listed by: Jessica Anderson • Vision Real Estate Services
Mls Name: Meridian AOR
Mls ID: #117129