403 Washington StGayvilleSD57031
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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 Gayville at 403 Washington St, Gayville, SD, 57031 at $186,000 posts ROI 21.6% with $87/mo cash flow from $1,262/mo rent. Total monthly income equals $1,262/mo, and annual cash flow records $1,043/yr on $61,659 to close. Return on cash invested measures 21.6% and rental yield reads 8.14% at the current $186,000. Equity gained on principal adds $1,200/yr, and 5% annual appreciation supports $51,388 by year five. Five-year ROI prints 112.07% and total cumulative return in cash totals $69,100.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,262/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1887
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57031, Gayville, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 287 (100%) |
| Owner Occupied HU | 211 (73.5%) |
| Renter Occupied HU | 59 (20.6%) |
| Vacant Housing Units | 17 ( 5.9%) |
| Median Home Value | $209,375 |
| Average Home Value | $279,206 |
Housing Distribution
Address Breakdown
Residential
83
Single Family
83
Multi-Family
0
Businesses
13
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Listed by: Keith Martinez • Americas Best Realty
Mls Name: Meridian AOR
Mls ID: #116831