343 3rd St SWHuronSD57350
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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 Huron at 343 3rd St SW, Huron, SD, 57350 uses $53,007 cash to close to unlock $4,442/yr annual cash flow and $370/mo monthly cash flow. Total monthly income runs $1,381/mo, and a $783/mo payment keeps the spread at $370/mo. Purchase price stands at $159,900, and rental yield measures 10.36% with $1,381/mo rent. Return on cash invested shows 28.29% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 148.02% and total cumulative return in cash records $78,462. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,381/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1904
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57350, Huron, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,229 (100%) |
| Owner Occupied HU | 4,081 (56.5%) |
| Renter Occupied HU | 2,285 (31.6%) |
| Vacant Housing Units | 863 (11.9%) |
| Median Home Value | $184,109 |
| Average Home Value | $258,316 |
Housing Distribution
Address Breakdown
Residential
6,694
Single Family
5,843
Multi-Family
851
Businesses
686
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Listed by: Shawn Harvey • Montgomery Real Estate
Mls Name: Huron BOR
Mls Provider:
Mls ID: #25-93
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.