220 W Washita St NIroquoisSD57353
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 220 W Washita St N, Iroquois, SD, 57353 in Iroquois is priced for capital growth, not immediate cash flow. The $105,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $29,010 by year five, with $967/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Manufactured
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57353, Iroquois, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 334 (100%) |
| Owner Occupied HU | 243 (72.8%) |
| Renter Occupied HU | 38 (11.4%) |
| Vacant Housing Units | 53 (15.9%) |
| Median Home Value | $270,238 |
| Average Home Value | $312,634 |
Housing Distribution
Address Breakdown
Residential
299
Single Family
291
Multi-Family
8
Businesses
34
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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
Manufactured
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57353, Iroquois, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 334 (100%) |
| Owner Occupied HU | 243 (72.8%) |
| Renter Occupied HU | 38 (11.4%) |
| Vacant Housing Units | 53 (15.9%) |
| Median Home Value | $270,238 |
| Average Home Value | $312,634 |
Housing Distribution
Address Breakdown
Residential
299
Single Family
291
Multi-Family
8
Businesses
34
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Brittney Neuharth • Montgomery Real Estate
Mls Name: Huron BOR
Mls ID: #26-4