302 Oscar StValeSD57788
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 Vale at 302 Oscar St, Vale, SD, 57788 offers a 9.72% rental yield on a $229,000 purchase with $1,855/mo rent. Total monthly income registers $1,855/mo, and a $1,121/mo payment leaves $408/mo available for distribution. Annual cash flow reaches $4,892/yr on $75,914 to close, and return on cash invested stands at 26.35% in year one. Equity gained on principal adds $1,478/yr while 5% annual appreciation supports $63,268 over five years. Portfolio math shows five-year ROI at 137.59% and total cumulative return in cash at $104,453. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,855/mo property income against a $1,121/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57788, Vale, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 222 (100%) |
| Owner Occupied HU | 176 (79.3%) |
| Renter Occupied HU | 25 (11.3%) |
| Vacant Housing Units | 21 ( 9.5%) |
| Median Home Value | $347,826 |
| Average Home Value | $417,884 |
Housing Distribution
Address Breakdown
Residential
184
Single Family
184
Multi-Family
0
Businesses
11
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Listed by: Casey Raftevold • Great Peaks Realty
Mls Name: Mount Rushmore Area AOR
Mls ID: #85855