719 East 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 719 East St, Spencer, SD, 57374 listed at $130,000 pairs $0/mo rent with a $636/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -2.96% in year one, and rental yield registers 0% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
0.39 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: David H Mettler • Keller Williams Realty Sioux Falls
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22507005