722 Twin Lakes RdDe SmetSD57231
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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 De Smet at 722 Twin Lakes Rd, De Smet, SD, 57231 priced at $469,900 pairs $1,264/mo rent with after a $2,300/mo payment. Total monthly income equals $1,264/mo. Return on cash invested is 6.77% in year one, and rental yield stands at 3.23% on a $469,900 basis. Equity gained on principal adds $3,032/yr, and 5% annual appreciation accumulates to $129,825 by year five. Five-year ROI measures 32.56% and total cumulative return in cash reaches $50,714. For financing, Ziffy Mortgage’s DSCR program evaluates $1,264/mo property income against a $2,300/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2014
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57231, De Smet, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 856 (100%) |
| Owner Occupied HU | 565 (66.0%) |
| Renter Occupied HU | 171 (20.0%) |
| Vacant Housing Units | 120 (14.0%) |
| Median Home Value | $225,000 |
| Average Home Value | $278,412 |
Housing Distribution
Address Breakdown
Residential
593
Single Family
559
Multi-Family
34
Businesses
114
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Listed by: Codi Smith • Best Choice Real Estate
Mls Name: East Central South Dakota BOR
Mls ID: #25-153