40457 N Shore RdHuronSD57350
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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 40457 N Shore Rd, Huron, SD, 57350 offers a 8.21% rental yield on a $234,000 purchase with $1,600/mo rent. Total monthly income registers $1,600/mo, and a $1,145/mo payment leaves $122/mo available for distribution. Annual cash flow reaches $1,459/yr on $77,571 to close, and return on cash invested stands at 21.79% in year one. Equity gained on principal adds $1,510/yr while 5% annual appreciation supports $64,650 over five years. Portfolio math shows five-year ROI at 113.12% and total cumulative return in cash at $87,747. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,600/mo property income against a $1,145/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
7,020 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: Brittney Neuharth • Montgomery Real Estate
Mls Name: Huron BOR
Mls ID: #25-236