118 Atlantic CirHarrisburgSD57032
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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 Harrisburg at 118 Atlantic Cir, Harrisburg, SD, 57032 generates $2,062/mo in rent, after a $1,786/mo payment. Total monthly income is $2,062/mo. Return on cash invested sits at 17.49% in year one, and rental yield is 6.78% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 90.02% and total cumulative return in cash sums $108,919. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,062/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
N/A 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: Tracy Munce • Midwest Realty
Mls Name: BHHS broker feed
Mls ID: #22508203