201 Monroe StHurleySD57036
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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 Hurley at 201 Monroe St, Hurley, SD, 57036 uses $75,914 cash to close to unlock $3,956/yr annual cash flow and $330/mo monthly cash flow. Total monthly income runs $1,777/mo, and a $1,121/mo payment keeps the spread at $330/mo. Purchase price stands at $229,000, and rental yield measures 9.31% with $1,777/mo rent. Return on cash invested shows 25.12% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 130.97% and total cumulative return in cash records $99,425. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,777/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Single Family
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57036, Hurley, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 375 (100%) |
| Owner Occupied HU | 287 (76.5%) |
| Renter Occupied HU | 33 ( 8.8%) |
| Vacant Housing Units | 55 (14.7%) |
| Median Home Value | $267,500 |
| Average Home Value | $293,127 |
Housing Distribution
Address Breakdown
Residential
263
Single Family
263
Multi-Family
0
Businesses
25
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Listed by: Melissa DeNeui • Midwest Realty
Mls Name: BHHS broker feed
Mls ID: #22507540