402 Merrill AveRoscoeSD57471
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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 Roscoe at 402 Merrill Ave, Roscoe, SD, 57471 with 5% annual appreciation on a $130,000 basis while $1,044/mo rent supports operations. Total monthly income totals $1,044/mo and a $636/mo payment preserves $223/mo for cash returns. Annual cash flow comes to $2,673/yr on $43,095 deployed, and return on cash invested reaches 26.11% in year one. Equity gained on principal adds $839/yr, and five-year appreciation sums $35,917 alongside rental yield of 9.64%. Five-year ROI measures 136.31% and total cumulative return in cash totals $58,743.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,044/mo property income versus a $636/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1981
8,431 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57471, Roscoe, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 318 (100%) |
| Owner Occupied HU | 197 (61.9%) |
| Renter Occupied HU | 55 (17.3%) |
| Vacant Housing Units | 66 (20.8%) |
| Median Home Value | $77,857 |
| Average Home Value | $145,355 |
Housing Distribution
Address Breakdown
Residential
141
Single Family
141
Multi-Family
0
Businesses
26
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Listed by: Andrea Holinka • FIRST PREMIER REALTY, LLC
Mls Name: Aberdeen MLS
Mls ID: #25-529