208 S 2nd AveWoonsocketSD57385
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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 Woonsocket at 208 S 2nd Ave, Woonsocket, SD, 57385 priced at $245,000 pairs $1,319/mo rent with after a $1,199/mo payment. Total monthly income equals $1,319/mo. Return on cash invested is 16.52% in year one, and rental yield stands at 6.46% on a $245,000 basis. Equity gained on principal adds $1,581/yr, and 5% annual appreciation accumulates to $67,689 by year five. Five-year ROI measures 84.85% and total cumulative return in cash reaches $68,916. For financing, Ziffy Mortgage’s DSCR program evaluates $1,319/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57385, Woonsocket, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 627 (100%) |
| Owner Occupied HU | 411 (65.6%) |
| Renter Occupied HU | 104 (16.6%) |
| Vacant Housing Units | 112 (17.9%) |
| Median Home Value | $130,288 |
| Average Home Value | $199,915 |
Housing Distribution
Address Breakdown
Residential
391
Single Family
362
Multi-Family
29
Businesses
59
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Listed by: Scott Meyer • Selling South Dakota
Mls Name: Huron BOR
Mls Provider:
Mls ID: #24-229
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.