210 W 8th StMillerSD57362
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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 Miller at 210 W 8th St, Miller, SD, 57362 offers a 7.16% rental yield on a $275,000 purchase with $1,640/mo rent. 62% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 96.14% and total cumulative return in cash at $87,647. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,640/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57362, Miller, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,082 (100%) |
| Owner Occupied HU | 619 (57.2%) |
| Renter Occupied HU | 251 (23.2%) |
| Vacant Housing Units | 212 (19.6%) |
| Median Home Value | $180,990 |
| Average Home Value | $227,851 |
Housing Distribution
Address Breakdown
Residential
882
Single Family
767
Multi-Family
115
Businesses
148
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Listed by: Kendra Coss • Coss Agency Inc
Mls Name: Huron BOR
Mls ID: #25-245