306 S Fir AvePreshoSD57568
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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 Presho at 306 S Fir Ave, Presho, SD, 57568 offers a 9.46% rental yield on a $249,000 purchase with $1,962/mo rent. Total monthly income registers $1,962/mo, and a $1,219/mo payment leaves $388/mo available for distribution. Annual cash flow reaches $4,658/yr on $82,544 to close, and return on cash invested stands at 25.55% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 133.32% and total cumulative return in cash at $110,048. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,962/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57568, Presho, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 375 (100%) |
| Owner Occupied HU | 211 (56.3%) |
| Renter Occupied HU | 70 (18.7%) |
| Vacant Housing Units | 94 (25.1%) |
| Median Home Value | $209,868 |
| Average Home Value | $305,118 |
Housing Distribution
Address Breakdown
Residential
74
Single Family
74
Multi-Family
0
Businesses
41
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