313 E Ash StEthanSD57334
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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
Rental property for sale in Ethan at 313 E Ash St, Ethan, SD, 57334 priced at $160,000 pairs $1,285/mo rent with $274/mo cash flow after a $783/mo payment. Total monthly income equals $1,285/mo, and annual cash flow comes to $3,288/yr on $53,040 invested. Return on cash invested is 26.11% in year one, and rental yield stands at 9.64% on a $160,000 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,205 by year five. Five-year ROI measures 136.27% and total cumulative return in cash reaches $72,278. For financing, Ziffy Mortgage’s DSCR program evaluates $1,285/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 28
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57334, Ethan, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 360 (100%) |
| Owner Occupied HU | 284 (78.9%) |
| Renter Occupied HU | 44 (12.2%) |
| Vacant Housing Units | 32 ( 8.9%) |
| Median Home Value | $287,879 |
| Average Home Value | $353,856 |
Housing Distribution
Address Breakdown
Residential
243
Single Family
243
Multi-Family
0
Businesses
18
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Listed by: Destiny Marek • Better Homes And Gardens Real Estate Beyond
Mls Name: Mitchell BOR
Mls ID: #25-430