105 W Berry AveSouth ShoreSD57263
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
Investment Highlights
Investment property for sale in South Shore at 105 W Berry Ave, South Shore, SD, 57263 uses $59,637 cash to close to unlock $4,040/yr annual cash flow and $337/mo monthly cash flow. Total monthly income runs $1,474/mo, and a $881/mo payment keeps the spread at $337/mo. Purchase price stands at $179,900, and rental yield measures 9.83% with $1,474/mo rent. Return on cash invested shows 26.68% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 139.36% and total cumulative return in cash records $83,109. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,474/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57263, South Shore, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 216 (100%) |
| Owner Occupied HU | 155 (71.8%) |
| Renter Occupied HU | 17 ( 7.9%) |
| Vacant Housing Units | 44 (20.4%) |
| Median Home Value | $313,415 |
| Average Home Value | $334,677 |
Housing Distribution
Address Breakdown
Residential
97
Single Family
97
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JIM A ZECK • ZENITH PROPERTIES
Mls Name: Northeast South Dakota BOR
Mls ID: #42-94