2009 N Broadway AveMillerSD57362
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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 Miller at 2009 N Broadway Ave, Miller, SD, 57362 generates $647/mo in rent, after a $3,891/mo payment. Total monthly income is $647/mo. Return on cash invested sits at -0.02% in year one, and rental yield is 0.98% on a $795,000 entry. Equity gained on principal adds $5,130/yr, while 5% annual appreciation builds toward $219,644 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $647/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57362, Miller, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,082 (100%) |
| Owner Occupied HU | 619 (57.2%) |
| Renter Occupied HU | 251 (23.2%) |
| Vacant Housing Units | 212 (19.6%) |
| Median Home Value | $180,990 |
| Average Home Value | $227,851 |
Housing Distribution
Address Breakdown
Residential
882
Single Family
767
Multi-Family
115
Businesses
148
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Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Jolene R Haun • Faith Realty Brokers, LLC
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22508169