26489-493 State Highway 37EthanSD57334
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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 Ethan at 26489-493 State Highway 37, Ethan, SD, 57334 offers a 0% rental yield on a $1,300,000 purchase with $0/mo rent. 04% in year one. Equity gained on principal adds $8,389/yr while 5% annual appreciation supports $359,166 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $6,363/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
19.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57334, Ethan, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 360 (100%) |
| Owner Occupied HU | 284 (78.9%) |
| Renter Occupied HU | 44 (12.2%) |
| Vacant Housing Units | 32 ( 8.9%) |
| Median Home Value | $287,879 |
| Average Home Value | $353,856 |
Housing Distribution
Address Breakdown
Residential
243
Single Family
243
Multi-Family
0
Businesses
18
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No similar rental properties found nearby.
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Listed by: Cheryl Weeman • Mitchell Realty LLC
Mls Name: Mitchell BOR
Mls Provider:
Mls ID: #25-81
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.