402 Spruce StAuroraSD57002
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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 Aurora at 402 Spruce St, Aurora, SD, 57002 at $529,900 posts ROI 14.88% with from $2,597/mo rent. Total monthly income equals $2,597/mo. Return on cash invested measures 14.88% and rental yield reads 5.88% at the current $529,900. Equity gained on principal adds $3,419/yr, and 5% annual appreciation supports $146,402 by year five. Five-year ROI prints 76.02% and total cumulative return in cash totals $132,539. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,597/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57002, Aurora, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 722 (100%) |
| Owner Occupied HU | 531 (73.5%) |
| Renter Occupied HU | 103 (14.3%) |
| Vacant Housing Units | 88 (12.2%) |
| Median Home Value | $264,928 |
| Average Home Value | $304,722 |
Housing Distribution
Address Breakdown
Residential
516
Single Family
500
Multi-Family
16
Businesses
19
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Listed by: David Kneip • Best Choice Real Estate
Mls Name: East Central South Dakota BOR
Mls ID: #25-276