231 6th St NEHuronSD57350
Nearby investment properties with comparable rents
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
Investment Highlights
Investment property for sale in Huron at 231 6th St NE, Huron, SD, 57350 earns $117/mo cash flow from $902/mo rent with a $582/mo payment. Total monthly income totals $902/mo, and annual cash flow totals $1,403/yr on $39,449 capital. ROI tracks 23.47% on current figures, and rental yield reads 9.1% at a $119,000 purchase. Equity gained on principal adds $768/yr, and 5% annual appreciation supports $32,878 over five years. Five-year ROI reaches 122.45% and total cumulative return in cash sums $48,305. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $902/mo property income instead of your personal income.
Single Family
Built in 1953
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57350, Huron, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,229 (100%) |
| Owner Occupied HU | 4,081 (56.5%) |
| Renter Occupied HU | 2,285 (31.6%) |
| Vacant Housing Units | 863 (11.9%) |
| Median Home Value | $184,109 |
| Average Home Value | $258,316 |
Housing Distribution
Address Breakdown
Residential
6,694
Single Family
5,843
Multi-Family
851
Businesses
686
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Phelan Stahl • Action Realty
Mls Name: Huron BOR
Mls Provider:
Mls ID: #25-207
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.