106 N 5th StGrotonSD57445
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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 Groton at 106 N 5th St, Groton, SD, 57445 uses $36,465 cash to close to unlock $1,791/yr annual cash flow and $149/mo monthly cash flow. Total monthly income runs $844/mo, and a $538/mo payment keeps the spread at $149/mo. Purchase price stands at $110,000, and rental yield measures 9.21% with $844/mo rent. Return on cash invested shows 24.82% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 129.49% and total cumulative return in cash records $47,220. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $844/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1903
9,487 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57445, Groton, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 872 (100%) |
| Owner Occupied HU | 595 (68.2%) |
| Renter Occupied HU | 190 (21.8%) |
| Vacant Housing Units | 87 ( 10.0%) |
| Median Home Value | $252,273 |
| Average Home Value | $345,248 |
Housing Distribution
Address Breakdown
Residential
639
Single Family
627
Multi-Family
12
Businesses
73
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Listed by: Tetiana Althoff • RE/MAX Preferred Choice
Mls Name: Aberdeen MLS
Mls ID: #25-307