721 E Kemp AveWatertownSD57201
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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 Watertown at 721 E Kemp Ave, Watertown, SD, 57201 earns from $1,103/mo rent with a $1,125/mo payment. Total monthly income totals $1,103/mo. ROI tracks 14.4% on current figures, and rental yield reads 5.76% at a $229,900 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 over five years. Five-year ROI reaches 73.55% and total cumulative return in cash sums $56,051. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,103/mo property income instead of your personal income.
Multi Family
Built in 1910
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57201, Watertown, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,815 (100%) |
| Owner Occupied HU | 7,500 (58.5%) |
| Renter Occupied HU | 4,115 (32.1%) |
| Vacant Housing Units | 1,200 ( 9.4%) |
| Median Home Value | $259,317 |
| Average Home Value | $291,875 |
Housing Distribution
Address Breakdown
Residential
12,495
Single Family
11,112
Multi-Family
1,383
Businesses
1,502
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Listed by: MELODY KERKVLIET • REAL ESTATE PROFESSIONALS
Mls Name: Northeast South Dakota BOR
Mls ID: #33-1909