513 Park AveGregorySD57533
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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
Rental property for sale in Gregory at 513 Park Ave, Gregory, SD, 57533 generates $1,364/mo in rent and, after a $881/mo payment, leaves $227/mo in cash flow. Total monthly income is $1,364/mo, and annual cash flow is $2,718/yr on $59,670 invested. Return on cash invested sits at 24.46% in year one, and rental yield is 9.09% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 127.47% and total cumulative return in cash sums $76,061. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,364/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57533, Gregory, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,026 (100%) |
| Owner Occupied HU | 640 (62.4%) |
| Renter Occupied HU | 198 (19.3%) |
| Vacant Housing Units | 188 (18.3%) |
| Median Home Value | $157,813 |
| Average Home Value | $188,160 |
Housing Distribution
Address Breakdown
Residential
845
Single Family
804
Multi-Family
41
Businesses
121
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Listed by: Kay Bolton • South Central Realty
Mls Name: My State MLS
Mls ID: #11528114