302 Oscar StValeSD57788
INVESTMENT ANALYSIS
Investment Verdict
Solid Income302 Oscar St, Vale, SD, 57788 in Vale is a solid income-producing rental, 9.72% gross yield, $1,855/mo rent, $408/mo net cash flow on a $229,000 buy. DSCR 1.80 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $63,268 and $2,109/yr in principal reduction project a total cumulative return of $113,214.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.2% |
| Monthly Cash Flow | $408 | $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 | $1,855 |
| Total Monthly Debt Service | $1,356 |
| DSCR Ratio | 1.37x |
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 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
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 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Casey Raftevold • Great Peaks Realty
Mls Name: Mount Rushmore Area AOR
Mls ID: #85855