404 Hyden DrAlcesterSD57001
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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 Alcester at 404 Hyden Dr, Alcester, SD, 57001 priced at $311,700 converts $2,173/mo rent into $80/mo cash flow after a $1,526/mo obligation. Total monthly income equals $2,173/mo, and annual cash flow totals $966/yr on $103,329 invested. Return on cash invested prints 20.84% in year one, and rental yield reads 8.37% against a $311,700 entry. Equity gained on principal adds $2,011/yr, while 5% annual appreciation compiles into $86,117 by year five. Five-year ROI reaches 108.56% and total cumulative return in cash sums $112,177. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,173/mo property income covering a $1,526/mo payment, not borrower’s personal income.
Single Family
Built in 1972
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57001, Alcester, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 887 (100%) |
| Owner Occupied HU | 620 (69.9%) |
| Renter Occupied HU | 204 (23.0%) |
| Vacant Housing Units | 63 ( 7.1%) |
| Median Home Value | $196,474 |
| Average Home Value | $234,093 |
Housing Distribution
Address Breakdown
Residential
477
Single Family
457
Multi-Family
20
Businesses
49
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