401 O'Gorman StHovenSD57450
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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 Hoven at 401 O'Gorman St, Hoven, SD, 57450 listed at $238,500 pairs $2,078/mo rent with a $1,167/mo payment to leave $571/mo cash flow. Total monthly income runs $2,078/mo, and annual cash flow reaches $6,854/yr on $79,063 cash to close. Return on cash invested measures 28.58% in year one, and rental yield registers 10.46% at a $238,500 basis. Equity gained on principal adds $1,539/yr, and annual property appreciation at 5% supports $65,893 by year five. Five-year ROI tracks 149.56% and total cumulative return in cash totals $118,247. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,078/mo property income relative to a $1,167/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57450, Hoven, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 342 (100%) |
| Owner Occupied HU | 204 (59.6%) |
| Renter Occupied HU | 65 (19.0%) |
| Vacant Housing Units | 73 (21.3%) |
| Median Home Value | $133,333 |
| Average Home Value | $250,196 |
Housing Distribution
Address Breakdown
Residential
97
Single Family
97
Multi-Family
0
Businesses
39
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Listed by: Desiree Mehlhaff • Century 21 Northern Advantage
Mls Name: Aberdeen MLS
Mls ID: #26-16