202 N Gilbert AveOacomaSD57365
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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 Oacoma at 202 N Gilbert Ave, Oacoma, SD, 57365 offers a 6.61% rental yield on a $285,000 purchase with $1,571/mo rent. 99% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 87.34% and total cumulative return in cash at $82,518. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,571/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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Listed by: Jeannine S Hickey Reuer • Chamberlain Real Estate Professionals LLC
Mls Name: My State MLS
Mls ID: #11573703