405 Macey AveHarrisburgSD57032
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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 Harrisburg at 405 Macey Ave, Harrisburg, SD, 57032 priced at $350,000 converts $1,979/mo rent into after a $1,713/mo obligation. Total monthly income equals $1,979/mo. Return on cash invested prints 17.5% in year one, and rental yield reads 6.79% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 90.13% and total cumulative return in cash sums $104,570. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,979/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 2008
8,402 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57032, Harrisburg, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,609 (100%) |
| Owner Occupied HU | 2,513 (69.6%) |
| Renter Occupied HU | 827 (22.9%) |
| Vacant Housing Units | 269 ( 7.5%) |
| Median Home Value | $318,108 |
| Average Home Value | $402,048 |
Housing Distribution
Address Breakdown
Residential
3,721
Single Family
3,628
Multi-Family
93
Businesses
240
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Listed by: Shaina B Goedtke • Keller Williams Realty Sioux Falls
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22509259