9645 2nd Ave SEPollockSD57648
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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 Pollock at 9645 2nd Ave SE, Pollock, SD, 57648 uses $99,119 cash to close to unlock $2,975/yr annual cash flow and $248/mo monthly cash flow. Total monthly income runs $2,137/mo, and a $1,463/mo payment keeps the spread at $248/mo. Purchase price stands at $299,000, and rental yield measures 8.58% with $2,137/mo rent. Return on cash invested shows 22.91% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 119.09% and total cumulative return in cash records $118,042. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,137/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1960
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57648, Pollock, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 316 (100%) |
| Owner Occupied HU | 130 (41.1%) |
| Renter Occupied HU | 25 ( 7.9%) |
| Vacant Housing Units | 161 (50.9%) |
| Median Home Value | $89,167 |
| Average Home Value | $149,519 |
Housing Distribution
Address Breakdown
Residential
111
Single Family
111
Multi-Family
0
Businesses
24
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Listed by: Kelsi Hach • Rafter Real Estate
Mls Name: Great North MLS
Mls ID: #4022894