202 N Gilbert AveOacomaSD57365
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing202 N Gilbert Ave, Oacoma, SD, 57365 in Oacoma is a stable, well-positioned rental at $285,000. Rental yield 6.61%. DSCR 1.23 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $78,740 in value and $2,625/yr in principal paydown builds equity, a total projected return of $93,407.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 6.2% |
| Monthly Cash Flow | $(230) | $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 | $1,571 |
| Total Monthly Debt Service | $1,688 |
| DSCR Ratio | 0.93x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1982
9,374 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57365, Oacoma, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 263 (100%) |
| Owner Occupied HU | 169 (64.3%) |
| Renter Occupied HU | 45 (17.1%) |
| Vacant Housing Units | 49 (18.6%) |
| Median Home Value | $292,045 |
| Average Home Value | $334,793 |
Housing Distribution
Address Breakdown
Residential
44
Single Family
44
Multi-Family
0
Businesses
20
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 1982
9,374 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57365, Oacoma, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 263 (100%) |
| Owner Occupied HU | 169 (64.3%) |
| Renter Occupied HU | 45 (17.1%) |
| Vacant Housing Units | 49 (18.6%) |
| Median Home Value | $292,045 |
| Average Home Value | $334,793 |
Housing Distribution
Address Breakdown
Residential
44
Single Family
44
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeannine S Hickey Reuer • Chamberlain Real Estate Professionals LLC
Mls Name: My State MLS
Mls ID: #11573703