405 E 1st AveMillerSD57362
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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
Investment property for sale in Miller at 405 E 1st Ave, Miller, SD, 57362 earns from $1,512/mo rent with a $1,370/mo payment. Total monthly income totals $1,512/mo. ROI tracks 16.59% on current figures, and rental yield reads 6.48% at a $280,000 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 over five years. Five-year ROI reaches 85.18% and total cumulative return in cash sums $79,065. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,512/mo property income instead of your personal income.
Single Family
Built in 1964
7,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57362, Miller, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,082 (100%) |
| Owner Occupied HU | 619 (57.2%) |
| Renter Occupied HU | 251 (23.2%) |
| Vacant Housing Units | 212 (19.6%) |
| Median Home Value | $180,990 |
| Average Home Value | $227,851 |
Housing Distribution
Address Breakdown
Residential
882
Single Family
767
Multi-Family
115
Businesses
148
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Nearby investment properties with comparable prices
Listed by: Kendra Coss • Coss Agency Inc
Mls Name: Huron BOR
Mls ID: #25-261