210 Main AveGarySD57237
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 210 Main Ave, Gary, SD, 57237 in Gary at $169,900 earns $1,231/mo in rent and nets $158/mo after the $764/mo payment, a 8.7% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $46,940 over five years. Ziffy Mortgage underwrites this on a 1.61 DSCR without U.S. credit history. With $1,565/yr in principal paydown, total projected return reaches $74,655.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.2% |
| Monthly Cash Flow | $158 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,231 |
| Total Monthly Debt Service | $1,006 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1988
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57237, Gary, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 519 (100%) |
| Owner Occupied HU | 284 (54.7%) |
| Renter Occupied HU | 56 (10.8%) |
| Vacant Housing Units | 179 (34.5%) |
| Median Home Value | $226,923 |
| Average Home Value | $317,667 |
Housing Distribution
Address Breakdown
Residential
320
Single Family
292
Multi-Family
28
Businesses
38
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 1988
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57237, Gary, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 519 (100%) |
| Owner Occupied HU | 284 (54.7%) |
| Renter Occupied HU | 56 (10.8%) |
| Vacant Housing Units | 179 (34.5%) |
| Median Home Value | $226,923 |
| Average Home Value | $317,667 |
Housing Distribution
Address Breakdown
Residential
320
Single Family
292
Multi-Family
28
Businesses
38
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JIM PIEPER • JP REAL ESTATE
Mls Name: Northeast South Dakota BOR
Mls ID: #43-286