204 E 6th AveGroton CitySD57445
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
Investment property for sale in Groton City at 204 E 6th Ave, Groton City, SD, 57445 earns $633/mo cash flow from $3,300/mo rent with a $2,031/mo payment. Total monthly income totals $3,300/mo, and annual cash flow totals $7,592/yr on $137,573 capital. ROI tracks 25.43% on current figures, and rental yield reads 9.54% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 132.75% and total cumulative return in cash sums $182,625. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,300/mo property income instead of your personal income.
Single Family
Built in 1994
0.33 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy Jark • JARK REAL ESTATE
Mls Name: Aberdeen MLS
Mls Provider:
Mls ID: #25-687
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.