Silver Canoe Way LOT 5PierreSD57501
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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 Pierre at Silver Canoe Way LOT 5, Pierre, SD, 57501 priced at $118,000 pairs $909/mo rent with $163/mo cash flow after a $578/mo payment. Total monthly income equals $909/mo, and annual cash flow comes to $1,954/yr on $39,117 invested. Return on cash invested is 24.9% in year one, and rental yield stands at 9.24% on a $118,000 basis. Equity gained on principal adds $761/yr, and 5% annual appreciation accumulates to $32,601 by year five. Five-year ROI measures 129.83% and total cumulative return in cash reaches $50,787. For financing, Ziffy Mortgage’s DSCR program evaluates $909/mo property income against a $578/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
4.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57501, Pierre, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,959 (100%) |
| Owner Occupied HU | 4,876 (61.3%) |
| Renter Occupied HU | 2,256 (28.3%) |
| Vacant Housing Units | 827 (10.4%) |
| Median Home Value | $253,378 |
| Average Home Value | $296,914 |
Housing Distribution
Address Breakdown
Residential
7,625
Single Family
6,604
Multi-Family
1,021
Businesses
1,013
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Listed by: Ben Doty • Whitetail Properties Real Estate LLC
Mls Name: My State MLS
Mls ID: #11597348