205 W 3rd StMission HillSD57046
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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 Mission Hill at 205 W 3rd St, Mission Hill, SD, 57046 earns $464/mo cash flow from $1,949/mo rent with a $1,150/mo payment. Total monthly income totals $1,949/mo, and annual cash flow totals $5,571/yr on $77,869 capital. ROI tracks 27.06% on current figures, and rental yield reads 9.96% at a $234,900 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,899 over five years. Five-year ROI reaches 141.43% and total cumulative return in cash sums $110,133. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,949/mo property income instead of your personal income.
Single Family
Built in 2001
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57046, Mission Hill, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 288 (100%) |
| Owner Occupied HU | 235 (81.6%) |
| Renter Occupied HU | 37 (12.8%) |
| Vacant Housing Units | 16 ( 5.6%) |
| Median Home Value | $236,250 |
| Average Home Value | $279,404 |
Housing Distribution
Address Breakdown
Residential
194
Single Family
194
Multi-Family
0
Businesses
11
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Listed by: Connie Somsen • Lewis and Clark Realty Inc.
Mls Name: Meridian AOR
Mls ID: #116976