920 E 2nd StWebsterSD57274
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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 Webster at 920 E 2nd St, Webster, SD, 57274 generates $2,581/mo in rent and, after a $1,395/mo payment, leaves $780/mo in cash flow. Total monthly income is $2,581/mo, and annual cash flow is $9,358/yr on $94,478 invested. Return on cash invested sits at 29.81% in year one, and rental yield is 10.87% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 156.13% and total cumulative return in cash sums $147,510. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,581/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57274, Webster, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,465 (100%) |
| Owner Occupied HU | 919 (62.7%) |
| Renter Occupied HU | 280 (19.1%) |
| Vacant Housing Units | 266 (18.2%) |
| Median Home Value | $181,534 |
| Average Home Value | $280,452 |
Housing Distribution
Address Breakdown
Residential
1,294
Single Family
1,160
Multi-Family
134
Businesses
183
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Listed by: ERICKA M ALDRICH • 203 Realty
Mls Name: Northeast South Dakota BOR
Mls ID: #35-653