111 N Harrison AvePierreSD57501
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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 Pierre at 111 N Harrison Ave, Pierre, SD, 57501 priced at $200,000 pairs $1,997/mo rent with $733/mo cash flow after a $979/mo payment. Total monthly income equals $1,997/mo, and annual cash flow comes to $8,796/yr on $66,300 invested. Return on cash invested is 33.18% in year one, and rental yield stands at 11.98% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 174.15% and total cumulative return in cash reaches $115,460. For financing, Ziffy Mortgage’s DSCR program evaluates $1,997/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57501, Pierre, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,959 (100%) |
| Owner Occupied HU | 4,876 (61.3%) |
| Renter Occupied HU | 2,256 (28.3%) |
| Vacant Housing Units | 827 (10.4%) |
| Median Home Value | $253,378 |
| Average Home Value | $296,914 |
Housing Distribution
Address Breakdown
Residential
7,625
Single Family
6,604
Multi-Family
1,021
Businesses
1,013
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Listed by: Leslie Isburg • Cathy Sonnenschein Properties
Mls Name: Central South Dakota BOR
Mls ID: #25-522