925 E Steep StTeaSD57064
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 Tea at 925 E Steep St, Tea, SD, 57064 at $325,000 posts ROI 23.13% with $289/mo cash flow from $2,343/mo rent. Total monthly income equals $2,343/mo, and annual cash flow records $3,467/yr on $107,738 to close. Return on cash invested measures 23.13% and rental yield reads 8.65% at the current $325,000. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 by year five. Five-year ROI prints 120.27% and total cumulative return in cash totals $129,577.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,343/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2010
8,258 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57064, Tea, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,630 (100%) |
| Owner Occupied HU | 1,755 (66.7%) |
| Renter Occupied HU | 743 (28.3%) |
| Vacant Housing Units | 132 ( 5.0%) |
| Median Home Value | $346,875 |
| Average Home Value | $371,044 |
Housing Distribution
Address Breakdown
Residential
3,020
Single Family
2,966
Multi-Family
54
Businesses
369
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Nearby investment properties with comparable prices
Listed by: Amanda L Anderson • Keller Williams Realty Sioux Falls
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22600056