801 Dobson AveArmourSD57313
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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 Armour at 801 Dobson Ave, Armour, SD, 57313 priced at $110,000 converts $1,361/mo rent into $647/mo cash flow after a $538/mo obligation. Total monthly income equals $1,361/mo, and annual cash flow totals $7,762/yr on $36,465 invested. Return on cash invested prints 41.19% in year one, and rental yield reads 14.85% against a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation compiles into $30,391 by year five. Five-year ROI reaches 217.42% and total cumulative return in cash sums $79,284. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,361/mo property income covering a $538/mo payment, not borrower’s personal income.
Single Family
Built in 1900
7,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57313, Armour, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 557 (100%) |
| Owner Occupied HU | 355 (63.7%) |
| Renter Occupied HU | 106 (19.0%) |
| Vacant Housing Units | 96 (17.2%) |
| Median Home Value | $139,773 |
| Average Home Value | $238,296 |
Housing Distribution
Address Breakdown
Residential
263
Single Family
257
Multi-Family
6
Businesses
71
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Listed by: Carson Koehn • Juffer Real Estate
Mls Name: Mitchell BOR
Mls Provider:
Mls ID: #25-10
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.