38 7th St NEHuronSD57350
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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 Huron at 38 7th St NE, Huron, SD, 57350 priced at $165,000 converts $1,183/mo rent into $140/mo cash flow after a $808/mo obligation. Total monthly income equals $1,183/mo, and annual cash flow totals $1,678/yr on $54,698 invested. Return on cash invested prints 22.98% in year one, and rental yield reads 8.6% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 119.48% and total cumulative return in cash sums $65,351. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,183/mo property income covering a $808/mo payment, not borrower’s personal income.
Multi Family
Built in 1905
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: Shawn Harvey • Montgomery Real Estate
Mls Name: Huron BOR
Mls ID: #25-266