300 E Main StHermosaSD57744
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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 Hermosa at 300 E Main St, Hermosa, SD, 57744 at $130,000 posts ROI 25.11% with $187/mo cash flow from $1,008/mo rent. Total monthly income equals $1,008/mo, and annual cash flow records $2,241/yr on $43,095 to close. Return on cash invested measures 25.11% and rental yield reads 9.3% at the current $130,000. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 by year five. Five-year ROI prints 130.94% and total cumulative return in cash totals $56,427.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,008/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57744, Hermosa, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,128 (100%) |
| Owner Occupied HU | 837 (74.2%) |
| Renter Occupied HU | 127 (11.3%) |
| Vacant Housing Units | 164 (14.5%) |
| Median Home Value | $509,615 |
| Average Home Value | $552,025 |
Housing Distribution
Address Breakdown
Residential
856
Single Family
856
Multi-Family
0
Businesses
47
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Nearby investment properties with comparable prices
Listed by: Crystal Wiles • Battle Creek Agency
Mls Name: Mount Rushmore Area AOR
Mls ID: #86957