302 3rd StHenrySD57243
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 Henry at 302 3rd St, Henry, SD, 57243 listed at $189,999 pairs $1,678/mo rent with a $930/mo payment to leave $477/mo cash flow. Total monthly income runs $1,678/mo, and annual cash flow reaches $5,727/yr on $62,985 cash to close. Return on cash invested measures 29% in year one, and rental yield registers 10.6% at a $189,999 basis. Equity gained on principal adds $1,226/yr, and annual property appreciation at 5% supports $52,493 by year five. Five-year ROI tracks 151.85% and total cumulative return in cash totals $95,640. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,678/mo property income relative to a $930/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1885
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57243, Henry, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 245 (100%) |
| Owner Occupied HU | 199 (81.2%) |
| Renter Occupied HU | 20 ( 8.2%) |
| Vacant Housing Units | 26 (10.6%) |
| Median Home Value | $301,316 |
| Average Home Value | $315,075 |
Housing Distribution
Address Breakdown
Residential
196
Single Family
196
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A