2769 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 2769 Edgewater Dr, Gary, SD, 57237 listed at $100,000 pairs $1,043/mo rent with a $489/mo payment to leave $412/mo cash flow. Total monthly income runs $1,043/mo, and annual cash flow reaches $4,938/yr on $33,150 cash to close. Return on cash invested measures 34.8% in year one, and rental yield registers 12.52% at a $100,000 basis. Equity gained on principal adds $645/yr, and annual property appreciation at 5% supports $27,628 by year five. Five-year ROI tracks 182.96% and total cumulative return in cash totals $60,652. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,043/mo property income relative to a $489/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Lot
Built in N/A
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: Ashley Wagner • PRIME REALTY, INC.
Mls Name: Northeast South Dakota BOR
Mls ID: #31-389
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.