537 Jay StBruceSD57220
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 537 Jay St, Bruce, SD, 57220 in Bruce at $149,900 earns $1,130/mo in rent and nets $183/mo after the $674/mo payment, a 9.05% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $41,415 over five years. Ziffy Mortgage underwrites this on a 1.68 DSCR without U.S. credit history. With $1,381/yr in principal paydown, total projected return reaches $68,723.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.2% |
| Monthly Cash Flow | $183 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,130 |
| Total Monthly Debt Service | $888 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1929
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
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
Single Family
Built in 1929
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: Kelly Odegaard • Best Choice Real Estate
Mls Name: East Central South Dakota BOR
Mls ID: #25-562