540 Goehring StScotlandSD57059
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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 Scotland at 540 Goehring St, Scotland, SD, 57059 priced at $187,900 pairs $1,183/mo rent with after a $920/mo payment. Total monthly income equals $1,183/mo. Return on cash invested is 19.82% in year one, and rental yield stands at 7.56% on a $187,900 basis. Equity gained on principal adds $1,212/yr, and 5% annual appreciation accumulates to $51,913 by year five. Five-year ROI measures 102.59% and total cumulative return in cash reaches $63,901. For financing, Ziffy Mortgage’s DSCR program evaluates $1,183/mo property income against a $920/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2013
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57059, Scotland, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 672 (100%) |
| Owner Occupied HU | 447 (66.5%) |
| Renter Occupied HU | 111 (16.5%) |
| Vacant Housing Units | 114 (17.0%) |
| Median Home Value | $153,423 |
| Average Home Value | $191,963 |
Housing Distribution
Address Breakdown
Residential
389
Single Family
368
Multi-Family
21
Businesses
63
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Nearby investment properties with comparable prices
Listed by: Kerry Trimble-Woehl • The Move Group
Mls Name: Meridian AOR
Mls Provider:
Mls ID: #116623
Disclaimer: Copyright Lewis & Clark Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.