202 N Spruce StHenrySD57243
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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 Henry at 202 N Spruce St, Henry, SD, 57243 offers a 0% rental yield on a $186,000 purchase with $0/mo rent. 96% in year one. Equity gained on principal adds $1,200/yr while 5% annual appreciation supports $51,388 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $910/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57243, Henry, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 245 (100%) |
| Owner Occupied HU | 199 (81.2%) |
| Renter Occupied HU | 20 ( 8.2%) |
| Vacant Housing Units | 26 (10.6%) |
| Median Home Value | $301,316 |
| Average Home Value | $315,075 |
Housing Distribution
Address Breakdown
Residential
196
Single Family
196
Multi-Family
0
Businesses
13
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No similar rental properties found nearby.
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Listed by: DANYEL BOES KLOOS • MAINSTREAM REALTY
Mls Name: Northeast South Dakota BOR
Mls ID: #37-570
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