403 N Vandemark AveHartfordSD57033
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Nearby investment properties with comparable prices
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 Hartford at 403 N Vandemark Ave, Hartford, SD, 57033 offers $3,174/mo rent that, after a $2,056/mo payment, leaves $520/mo cash flow. Total monthly income is $3,174/mo, and annual cash flow is $6,234/yr on $139,230 cash. Return on cash invested measures 24.39% in year one, and rental yield stands at 9.07% at a $420,000 entry. Equity gained on principal adds $2,710/yr while 5% annual appreciation compounds into $116,038 by year five. Five-year ROI records 127.03% and total cumulative return in cash reaches $176,863. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,174/mo property income versus a $2,056/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
8,280 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57033, Hartford, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,254 (100%) |
| Owner Occupied HU | 1,681 (74.6%) |
| Renter Occupied HU | 428 (19.0%) |
| Vacant Housing Units | 145 ( 6.4%) |
| Median Home Value | $389,706 |
| Average Home Value | $430,425 |
Housing Distribution
Address Breakdown
Residential
2,158
Single Family
2,042
Multi-Family
116
Businesses
148
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Listed by: David Larson • Hegg Real Estate
Mls Name: Mitchell BOR
Mls ID: #26-14