119 N Fairway StHowardSD57349
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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 Howard at 119 N Fairway St, Howard, SD, 57349 listed at $329,900 pairs $1,738/mo rent with a $1,615/mo payment. Total monthly income runs $1,738/mo. Return on cash invested measures 16.1% in year one, and rental yield registers 6.32% at a $329,900 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,145 by year five. Five-year ROI tracks 82.58% and total cumulative return in cash totals $90,315. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,738/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2025
8,025 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57349, Howard, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 729 (100%) |
| Owner Occupied HU | 486 (66.7%) |
| Renter Occupied HU | 115 (15.8%) |
| Vacant Housing Units | 128 (17.6%) |
| Median Home Value | $123,214 |
| Average Home Value | $206,517 |
Housing Distribution
Address Breakdown
Residential
464
Single Family
450
Multi-Family
14
Businesses
83
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Nearby investment properties with comparable prices
Listed by: Rebecca Kiner • Mitchell Realty LLC
Mls Name: Mitchell BOR
Mls ID: #25-518