304 E 3rd StEganSD57024
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingInvestors approaching the U.S. market with capital-preservation in mind will find 304 E 3rd St, Egan, SD, 57024 in Egan aligned with their strategy. Rental yield 6.63%. DSCR 1.23 and 6.63% yield provide a sound foundation. Ziffy Mortgage's DSCR program enables non-U.S. residents to acquire without domestic credit. Over five years, 5% appreciation and $2,533/yr in paydown build toward a projected cumulative return of $90,423.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 6.2% |
| Monthly Cash Flow | $(217) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,520 |
| Total Monthly Debt Service | $1,628 |
| DSCR Ratio | 0.93x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1930
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57024, Egan, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 194 (100%) |
| Owner Occupied HU | 112 (57.7%) |
| Renter Occupied HU | 56 (28.9%) |
| Vacant Housing Units | 26 (13.4%) |
| Median Home Value | $258,333 |
| Average Home Value | $283,326 |
Housing Distribution
Address Breakdown
Residential
165
Single Family
165
Multi-Family
0
Businesses
10
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
Single Family
Built in 1930
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57024, Egan, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 194 (100%) |
| Owner Occupied HU | 112 (57.7%) |
| Renter Occupied HU | 56 (28.9%) |
| Vacant Housing Units | 26 (13.4%) |
| Median Home Value | $258,333 |
| Average Home Value | $283,326 |
Housing Distribution
Address Breakdown
Residential
165
Single Family
165
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Craig M Bertrand • Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls
Mls Name: Realtor Association of the Sioux Empire
Mls Provider:
Mls ID: #22601289
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but not guaranteed. Copyright 2026 REALTOR Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.