53 Oakwood Shoreline DrBruceSD57220
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 Bruce at 53 Oakwood Shoreline Dr, Bruce, SD, 57220 generates $2,410/mo in rent, after a $3,426/mo payment. Total monthly income is $2,410/mo. Return on cash invested sits at 9.57% in year one, and rental yield is 4.13% on a $699,900 entry. Equity gained on principal adds $4,516/yr, while 5% annual appreciation builds toward $193,369 over five years. Five-year ROI reaches 47.53% and total cumulative return in cash sums $109,448. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,410/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57220, Bruce, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 453 (100%) |
| Owner Occupied HU | 296 (65.3%) |
| Renter Occupied HU | 71 (15.7%) |
| Vacant Housing Units | 86 (19.0%) |
| Median Home Value | $342,453 |
| Average Home Value | $378,868 |
Housing Distribution
Address Breakdown
Residential
291
Single Family
291
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anita Thomas • Best Choice Real Estate
Mls Name: East Central South Dakota BOR
Mls ID: #25-283