804 W Pipestone AveFlandreauSD57028
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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 Flandreau at 804 W Pipestone Ave, Flandreau, SD, 57028 listed at $189,900 pairs $1,638/mo rent with a $929/mo payment to leave $438/mo cash flow. Total monthly income runs $1,638/mo, and annual cash flow reaches $5,261/yr on $62,952 cash to close. Return on cash invested measures 28.27% in year one, and rental yield registers 10.35% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 147.87% and total cumulative return in cash totals $93,089. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,638/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57028, Flandreau, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,523 (100%) |
| Owner Occupied HU | 966 (63.4%) |
| Renter Occupied HU | 401 (26.3%) |
| Vacant Housing Units | 156 (10.2%) |
| Median Home Value | $200,450 |
| Average Home Value | $349,128 |
Housing Distribution
Address Breakdown
Residential
1,406
Single Family
1,268
Multi-Family
138
Businesses
151
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Listed by: Kari A. Westlund • Best Choice Real Estate
Mls Name: East Central South Dakota BOR
Mls ID: #25-675