Elkhorn Plan, Prairie HavenWatertownSD57201
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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 Watertown at Elkhorn Plan, Prairie Haven, Watertown, SD, 57201 with 5% annual appreciation on a $306,900 basis while $2,405/mo rent supports operations. Total monthly income totals $2,405/mo and a $1,502/mo payment preserves $466/mo for cash returns. Annual cash flow comes to $5,588/yr on $101,737 deployed, and return on cash invested reaches 25.4% in year one. Equity gained on principal adds $1,980/yr, and five-year appreciation sums $84,791 alongside rental yield of 9.4%. Five-year ROI measures 132.46% and total cumulative return in cash totals $134,766.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,405/mo property income versus a $1,502/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57201, Watertown, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,815 (100%) |
| Owner Occupied HU | 7,500 (58.5%) |
| Renter Occupied HU | 4,115 (32.1%) |
| Vacant Housing Units | 1,200 ( 9.4%) |
| Median Home Value | $259,317 |
| Average Home Value | $291,875 |
Housing Distribution
Address Breakdown
Residential
12,495
Single Family
11,112
Multi-Family
1,383
Businesses
1,502
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Listed by: N/A • Prairie Haven Homes
Mls Name: Prairie Haven Homes
Mls ID: #N/A