Lots 1 & 2 State StPlankintonSD57368
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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 Plankinton at Lots 1 & 2 State St, Plankinton, SD, 57368 at $354,500 posts ROI 14.86% with from $1,746/mo rent. Total monthly income equals $1,746/mo. Return on cash invested measures 14.86% and rental yield reads 5.91% at the current $354,500. Equity gained on principal adds $2,288/yr, and 5% annual appreciation supports $97,942 by year five. Five-year ROI prints 75.95% and total cumulative return in cash totals $89,255. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,746/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1
10,520 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57368, Plankinton, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 538 (100%) |
| Owner Occupied HU | 352 (65.4%) |
| Renter Occupied HU | 124 (23.0%) |
| Vacant Housing Units | 62 (11.5%) |
| Median Home Value | $170,652 |
| Average Home Value | $240,426 |
Housing Distribution
Address Breakdown
Residential
307
Single Family
307
Multi-Family
0
Businesses
53
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Listed by: Craig W Tischler • Mitchell Realty LLC
Mls Name: Mitchell BOR
Mls Provider:
Mls ID: #23-360
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.