31317 405th AveAvonSD57315
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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 Avon at 31317 405th Ave, Avon, SD, 57315 generates $0/mo in rent, after a $3,084/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.99% in year one, and rental yield is 0% on a $630,000 entry. Equity gained on principal adds $4,065/yr, while 5% annual appreciation builds toward $174,057 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
5.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57315, Avon, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 483 (100%) |
| Owner Occupied HU | 323 (66.9%) |
| Renter Occupied HU | 81 (16.8%) |
| Vacant Housing Units | 79 (16.4%) |
| Median Home Value | $210,057 |
| Average Home Value | $244,822 |
Housing Distribution
Address Breakdown
Residential
253
Single Family
242
Multi-Family
11
Businesses
37
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Jolene Green • Century 21 Professional Real Estate
Mls Name: Meridian AOR
Mls Provider:
Mls ID: #116907
Disclaimer: Copyright Lewis & Clark Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.