800 S Main StPlatteSD57369
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
Investment Highlights
Investment property for sale in Platte at 800 S Main St, Platte, SD, 57369 with 5% annual appreciation on a $231,000 basis while $2,496/mo rent supports operations. Total monthly income totals $2,496/mo and a $1,131/mo payment preserves $1,036/mo for cash returns. Annual cash flow comes to $12,430/yr on $76,577 deployed, and return on cash invested reaches 36.14% in year one. Equity gained on principal adds $1,491/yr, and five-year appreciation sums $63,821 alongside rental yield of 12.97%. Five-year ROI measures 190.05% and total cumulative return in cash totals $145,533.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,496/mo property income versus a $1,131/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57369, Platte, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,119 (100%) |
| Owner Occupied HU | 773 (69.1%) |
| Renter Occupied HU | 197 (17.6%) |
| Vacant Housing Units | 149 (13.3%) |
| Median Home Value | $229,770 |
| Average Home Value | $275,838 |
Housing Distribution
Address Breakdown
Residential
673
Single Family
646
Multi-Family
27
Businesses
160
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A