240 Hubbard St WCarthageSD57323
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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 Carthage at 240 Hubbard St W, Carthage, SD, 57323 listed at $100,000 pairs $1,116/mo rent with a $489/mo payment to leave $485/mo cash flow. Total monthly income runs $1,116/mo, and annual cash flow reaches $5,814/yr on $33,150 cash to close. Return on cash invested measures 37.45% in year one, and rental yield registers 13.39% at a $100,000 basis. Equity gained on principal adds $645/yr, and annual property appreciation at 5% supports $27,628 by year five. Five-year ROI tracks 197.12% and total cumulative return in cash totals $65,344. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,116/mo property income relative to a $489/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1903
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57323, Carthage, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 186 (100%) |
| Owner Occupied HU | 92 (49.5%) |
| Renter Occupied HU | 10 ( 5.4%) |
| Vacant Housing Units | 84 (45.2%) |
| Median Home Value | $225,000 |
| Average Home Value | $267,337 |
Housing Distribution
Address Breakdown
Residential
48
Single Family
48
Multi-Family
0
Businesses
12
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Listed by: Laurie Smith • Ace Realty, LLC
Mls Name: Mitchell BOR
Mls Provider:
Mls ID: #25-174
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.