114 E Oak StNew UnderwoodSD57761
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow114 E Oak St, New Underwood, SD, 57761 in New Underwood earns its strong cash-flow label: 11.43% yield, $2,716/mo rent, $915/mo net income, DSCR 2.12. The $285,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $78,740 by year five. Combined with $2,625/yr in principal paydown, total projected return reaches $167,075.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 6.2% |
| Monthly Cash Flow | $915 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,716 |
| Total Monthly Debt Service | $1,688 |
| DSCR Ratio | 1.61x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57761, New Underwood, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 548 (100%) |
| Owner Occupied HU | 376 (68.6%) |
| Renter Occupied HU | 96 (17.5%) |
| Vacant Housing Units | 76 (13.9%) |
| Median Home Value | $308,696 |
| Average Home Value | $381,084 |
Housing Distribution
Address Breakdown
Residential
352
Single Family
329
Multi-Family
23
Businesses
41
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
Single Family
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57761, New Underwood, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 548 (100%) |
| Owner Occupied HU | 376 (68.6%) |
| Renter Occupied HU | 96 (17.5%) |
| Vacant Housing Units | 76 (13.9%) |
| Median Home Value | $308,696 |
| Average Home Value | $381,084 |
Housing Distribution
Address Breakdown
Residential
352
Single Family
329
Multi-Family
23
Businesses
41
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #178353