305 4th StCoronaSD57227
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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 Corona at 305 4th St, Corona, SD, 57227 earns from $0/mo rent with a $724/mo payment. Total monthly income totals $0/mo. ROI tracks -2.96% on current figures, and rental yield reads 0% at a $148,000 purchase. Equity gained on principal adds $955/yr, and 5% annual appreciation supports $40,890 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1920
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57227, Corona, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 508 (100%) |
| Owner Occupied HU | 229 (45.1%) |
| Renter Occupied HU | 25 ( 4.9%) |
| Vacant Housing Units | 254 (50.0%) |
| Median Home Value | $386,000 |
| Average Home Value | $383,755 |
Housing Distribution
Address Breakdown
Residential
118
Single Family
118
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: ELLI GRABOW - FISCHER • THE REALTY TEAM
Mls Name: Northeast South Dakota BOR
Mls ID: #24-7068
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.