109 S Columbia StHarrisburgSD57032
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Harrisburg at 109 S Columbia St, Harrisburg, SD, 57032 offers a 7.88% rental yield on a $200,000 purchase with $1,314/mo rent. Total monthly income registers $1,314/mo, and a $979/mo payment leaves $50/mo available for distribution. Annual cash flow reaches $600/yr on $66,300 to close, and return on cash invested stands at 20.81% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 107.87% and total cumulative return in cash at $71,516. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,314/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57032, Harrisburg, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,609 (100%) |
| Owner Occupied HU | 2,513 (69.6%) |
| Renter Occupied HU | 827 (22.9%) |
| Vacant Housing Units | 269 ( 7.5%) |
| Median Home Value | $318,108 |
| Average Home Value | $402,048 |
Housing Distribution
Address Breakdown
Residential
3,721
Single Family
3,628
Multi-Family
93
Businesses
240
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Listed by: Heidi J Wollman • Amy Stockberger Real Estate
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22600172