347 Beach Ave SEHuronSD57350
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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 347 Beach Ave SE, Huron, SD, 57350 uses $41,438 cash to close to unlock $1,870/yr annual cash flow and $156/mo monthly cash flow. Total monthly income runs $946/mo, and a $612/mo payment keeps the spread at $156/mo. Purchase price stands at $125,000, and rental yield measures 9.08% with $946/mo rent. Return on cash invested shows 24.42% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 127.23% and total cumulative return in cash records $52,721. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $946/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1897
8,250 sqft 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: Jeremy White • Exit Realty Mitchell
Mls Name: Mitchell 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.