905 Oakridge RdDell RapidsSD57022
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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 Dell Rapids at 905 Oakridge Rd, Dell Rapids, SD, 57022 uses $132,269 cash to close to unlock $6,881/yr annual cash flow and $573/mo monthly cash flow. Total monthly income runs $3,095/mo, and a $1,953/mo payment keeps the spread at $573/mo. Purchase price stands at $399,000, and rental yield measures 9.31% with $3,095/mo rent. Return on cash invested shows 25.11% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 130.92% and total cumulative return in cash records $173,162. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,095/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Single Family
Built in 2005
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57022, Dell Rapids, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,273 (100%) |
| Owner Occupied HU | 1,713 (75.4%) |
| Renter Occupied HU | 504 (22.2%) |
| Vacant Housing Units | 56 ( 2.5%) |
| Median Home Value | $381,719 |
| Average Home Value | $464,361 |
Housing Distribution
Address Breakdown
Residential
2,130
Single Family
2,017
Multi-Family
113
Businesses
169
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