312 S 3rd StEdenSD57232
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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
Rental property for sale in Eden at 312 S 3rd St, Eden, SD, 57232 generates $1,792/mo in rent and, after a $1,346/mo payment, leaves $54/mo in cash flow. Total monthly income is $1,792/mo, and annual cash flow is $649/yr on $91,163 invested. Return on cash invested sits at 20.62% in year one, and rental yield is 7.82% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 106.88% and total cumulative return in cash sums $97,439. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,792/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57232, Eden, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 221 (100%) |
| Owner Occupied HU | 105 (47.5%) |
| Renter Occupied HU | 38 (17.2%) |
| Vacant Housing Units | 78 (35.3%) |
| Median Home Value | $220,833 |
| Average Home Value | $248,595 |
Housing Distribution
Address Breakdown
Residential
100
Single Family
100
Multi-Family
0
Businesses
12
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Listed by: Tony Valnes • Dakota View Realty & Auctions
Mls Name: My State MLS
Mls ID: #11545901