2150 Edgewater DrGarySD57237
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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 Gary at 2150 Edgewater Dr, Gary, SD, 57237 at $825,000 posts ROI 6.76% with from $2,206/mo rent. Total monthly income equals $2,206/mo. Return on cash invested measures 6.76% and rental yield reads 3.21% at the current $825,000. Equity gained on principal adds $5,324/yr, and 5% annual appreciation supports $227,932 by year five. Five-year ROI prints 32.49% and total cumulative return in cash totals $88,185. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,206/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1969
0.34 Acres 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
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Listed by: Jon M Gorder • Full Circle Realty Group
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22507542