220 W Washita St NIroquoisSD57353
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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 Iroquois at 220 W Washita St N, Iroquois, SD, 57353 generates $0/mo in rent, after a $514/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.97% in year one, and rental yield is 0% on a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation builds toward $29,010 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
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
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No similar rental properties found nearby.
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Listed by: Brittney Neuharth • Montgomery Real Estate
Mls Name: Huron BOR
Mls ID: #26-4