522 Spencer AveGregorySD57533
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 Gregory at 522 Spencer Ave, Gregory, SD, 57533 priced at $299,900 pairs $1,889/mo rent with after a $1,468/mo payment. Total monthly income equals $1,889/mo. Return on cash invested is 19.83% in year one, and rental yield stands at 7.56% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 102.61% and total cumulative return in cash reaches $102,016. For financing, Ziffy Mortgage’s DSCR program evaluates $1,889/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
100 sqft 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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Nearby investment properties with comparable prices
Listed by: Gregory Smith • SD Rooted Real Estate
Mls Name: My State MLS
Mls ID: #11599918