1861 Ohio Ave SWHuronSD57350
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
Rental property for sale in Huron at 1861 Ohio Ave SW, Huron, SD, 57350 generates $2,653/mo in rent and, after a $1,468/mo payment, leaves $758/mo in cash flow. Total monthly income is $2,653/mo, and annual cash flow is $9,092/yr on $99,417 invested. Return on cash invested sits at 29.05% in year one, and rental yield is 10.62% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 152.06% and total cumulative return in cash sums $151,168. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,653/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57350, Huron, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,229 (100%) |
| Owner Occupied HU | 4,081 (56.5%) |
| Renter Occupied HU | 2,285 (31.6%) |
| Vacant Housing Units | 863 (11.9%) |
| Median Home Value | $184,109 |
| Average Home Value | $258,316 |
Housing Distribution
Address Breakdown
Residential
6,694
Single Family
5,843
Multi-Family
851
Businesses
686
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shawn Harvey • Montgomery Real Estate
Mls Name: Huron BOR
Mls ID: #25-139