801 2nd StBruceSD57220
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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 Bruce at 801 2nd St, Bruce, SD, 57220 priced at $169,900 converts $1,325/mo rent into $251/mo cash flow after a $832/mo obligation. Total monthly income equals $1,325/mo, and annual cash flow totals $3,011/yr on $56,322 invested. Return on cash invested prints 25.25% in year one, and rental yield reads 9.36% against a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,940 by year five. Five-year ROI reaches 131.65% and total cumulative return in cash sums $74,150. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,325/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1920
0.32 Acres 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
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Listed by: Victoria Waldner • eXp Realty
Mls Name: East Central South Dakota BOR
Mls ID: #25-189