712 S Lake Hendricks DrWhiteSD57276
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 2.57% gross rental yield, 712 S Lake Hendricks Dr, White, SD, 57276 in White is priced for capital growth, not immediate cash flow. The $378,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $104,434 by year five, with $3,481/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.48) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $41,961.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 2.6% | 6.2% |
| Monthly Cash Flow | $(1,579) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $810 |
| Total Monthly Debt Service | $2,238 |
| DSCR Ratio | 0.36x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57276, White, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 679 (100%) |
| Owner Occupied HU | 508 (74.8%) |
| Renter Occupied HU | 91 (13.4%) |
| Vacant Housing Units | 80 (11.8%) |
| Median Home Value | $353,846 |
| Average Home Value | $393,548 |
Housing Distribution
Address Breakdown
Residential
373
Single Family
343
Multi-Family
30
Businesses
24
Nearby investment properties with comparable rents
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
Single Family
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57276, White, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 679 (100%) |
| Owner Occupied HU | 508 (74.8%) |
| Renter Occupied HU | 91 (13.4%) |
| Vacant Housing Units | 80 (11.8%) |
| Median Home Value | $353,846 |
| Average Home Value | $393,548 |
Housing Distribution
Address Breakdown
Residential
373
Single Family
343
Multi-Family
30
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tara Onken • Edina Realty
Mls Name: East Central South Dakota BOR
Mls ID: #25-641