406 11th StEurekaSD57437
Nearby investment properties with comparable rents
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 Eureka at 406 11th St, Eureka, SD, 57437 uses $39,780 cash to close to unlock $2,112/yr annual cash flow and $176/mo monthly cash flow. Total monthly income runs $934/mo, and a $587/mo payment keeps the spread at $176/mo. Purchase price stands at $120,000, and rental yield measures 9.34% with $934/mo rent. Return on cash invested shows 25.22% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 131.51% and total cumulative return in cash records $52,315. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $934/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1956
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57437, Eureka, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 806 (100%) |
| Owner Occupied HU | 451 (56.0%) |
| Renter Occupied HU | 117 (14.5%) |
| Vacant Housing Units | 238 (29.5%) |
| Median Home Value | $81,371 |
| Average Home Value | $136,502 |
Housing Distribution
Address Breakdown
Residential
335
Single Family
310
Multi-Family
25
Businesses
66
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trent Osborne • Century 21 Investment Realtors
Mls Name: Aberdeen MLS
Mls ID: #25-589