20350 390th AveWolseySD57384
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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 Wolsey at 20350 390th Ave, Wolsey, SD, 57384 listed at $249,999 pairs $1,273/mo rent with a $1,224/mo payment. Total monthly income runs $1,273/mo. Return on cash invested measures 15.46% in year one, and rental yield registers 6.11% at a $249,999 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 79.17% and total cumulative return in cash totals $65,614. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,273/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1892
6.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57384, Wolsey, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 382 (100%) |
| Owner Occupied HU | 287 (75.1%) |
| Renter Occupied HU | 49 (12.8%) |
| Vacant Housing Units | 46 (12.0%) |
| Median Home Value | $275,000 |
| Average Home Value | $286,368 |
Housing Distribution
Address Breakdown
Residential
303
Single Family
295
Multi-Family
8
Businesses
27
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Listed by: Brittney Neuharth • Montgomery Real Estate
Mls Name: Huron BOR
Mls ID: #25-195