1800 Outlet DrGrenvilleSD57239
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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 Grenville at 1800 Outlet Dr, Grenville, SD, 57239 offers $1,050/mo rent that, after a $1,223/mo payment. Total monthly income is $1,050/mo. Return on cash invested measures 12.24% in year one, and rental yield stands at 5.04% at a $249,900 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,043 by year five. Five-year ROI records 61.91% and total cumulative return in cash reaches $51,290. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,050/mo property income versus a $1,223/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57239, Grenville, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 409 (100%) |
| Owner Occupied HU | 100 (24.4%) |
| Renter Occupied HU | 33 ( 8.1%) |
| Vacant Housing Units | 276 (67.5%) |
| Median Home Value | $322,222 |
| Average Home Value | $437,475 |
Housing Distribution
Address Breakdown
Residential
165
Single Family
165
Multi-Family
0
Businesses
4
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Listed by: N/A • N/A
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