618 Cordo StSpencerSD57374
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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
Investment property for sale in Spencer at 618 Cordo St, Spencer, SD, 57374 earns $442/mo cash flow from $2,119/mo rent with a $1,299/mo payment. Total monthly income totals $2,119/mo, and annual cash flow totals $5,300/yr on $88,013 capital. ROI tracks 25.93% on current figures, and rental yield reads 9.58% at a $265,500 purchase. Equity gained on principal adds $1,713/yr, and 5% annual appreciation supports $73,353 over five years. Five-year ROI reaches 135.31% and total cumulative return in cash sums $119,092. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,119/mo property income instead of your personal income.
Single Family
Built in 1998
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57374, Spencer, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 172 (100%) |
| Owner Occupied HU | 122 (70.9%) |
| Renter Occupied HU | 25 (14.5%) |
| Vacant Housing Units | 25 (14.5%) |
| Median Home Value | $287,500 |
| Average Home Value | $333,668 |
Housing Distribution
Address Breakdown
Residential
101
Single Family
101
Multi-Family
0
Businesses
10
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Listed by: N/A • N/A
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