605 E 5th AveGrotonSD57445
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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 Groton at 605 E 5th Ave, Groton, SD, 57445 priced at $200,000 converts $1,913/mo rent into $649/mo cash flow after a $979/mo obligation. Total monthly income equals $1,913/mo, and annual cash flow totals $7,788/yr on $66,300 invested. Return on cash invested prints 31.66% in year one, and rental yield reads 11.48% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 165.98% and total cumulative return in cash sums $110,048. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,913/mo property income covering a $979/mo payment, not borrower’s personal income.
Single Family
Built in 1920
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57445, Groton, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 872 (100%) |
| Owner Occupied HU | 595 (68.2%) |
| Renter Occupied HU | 190 (21.8%) |
| Vacant Housing Units | 87 ( 10.0%) |
| Median Home Value | $252,273 |
| Average Home Value | $345,248 |
Housing Distribution
Address Breakdown
Residential
639
Single Family
627
Multi-Family
12
Businesses
73
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