405 S 2nd AveOacomaSD57544
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
Rental property for sale in Oacoma at 405 S 2nd Ave, Oacoma, SD, 57544 generates $1,631/mo in rent and, after a $566/mo payment, leaves $900/mo in cash flow. Total monthly income is $1,631/mo, and annual cash flow is $10,803/yr on $38,316 invested. Return on cash invested sits at 48.1% in year one, and rental yield is 16.93% on a $115,584 entry. Equity gained on principal adds $746/yr, while 5% annual appreciation builds toward $31,934 over five years. Five-year ROI reaches 254.31% and total cumulative return in cash sums $97,441. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,631/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
7,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57544, Kennebec, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 217 (100%) |
| Owner Occupied HU | 135 (62.2%) |
| Renter Occupied HU | 46 (21.2%) |
| Vacant Housing Units | 36 (16.6%) |
| Median Home Value | $160,417 |
| Average Home Value | $222,574 |
Housing Distribution
Address Breakdown
Residential
59
Single Family
59
Multi-Family
0
Businesses
39
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A