106 S Girard AveNewellSD57760
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
Rental property for sale in Newell at 106 S Girard Ave, Newell, SD, 57760 priced at $199,000 pairs $1,487/mo rent with $229/mo cash flow after a $974/mo payment. Total monthly income equals $1,487/mo, and annual cash flow comes to $2,753/yr on $65,969 invested. Return on cash invested is 24.08% in year one, and rental yield stands at 8.97% on a $199,000 basis. Equity gained on principal adds $1,284/yr, and 5% annual appreciation accumulates to $54,980 by year five. Five-year ROI measures 125.43% and total cumulative return in cash reaches $82,746. For financing, Ziffy Mortgage’s DSCR program evaluates $1,487/mo property income against a $974/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1917
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57760, Newell, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 601 (100%) |
| Owner Occupied HU | 421 (70.0%) |
| Renter Occupied HU | 91 (15.1%) |
| Vacant Housing Units | 89 (14.8%) |
| Median Home Value | $261,885 |
| Average Home Value | $336,158 |
Housing Distribution
Address Breakdown
Residential
363
Single Family
351
Multi-Family
12
Businesses
43
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Listed by: Bud D Hannah • RE/MAX In The Hills
Mls Name: Mount Rushmore Area AOR
Mls ID: #87217