406 Hamlin AveHaytiSD57241
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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 Hayti at 406 Hamlin Ave, Hayti, SD, 57241 listed at $169,900 pairs $1,356/mo rent with a $832/mo payment to leave $282/mo cash flow. Total monthly income runs $1,356/mo, and annual cash flow reaches $3,383/yr on $56,322 cash to close. Return on cash invested measures 25.92% in year one, and rental yield registers 9.58% at a $169,900 basis. Equity gained on principal adds $1,096/yr, and annual property appreciation at 5% supports $46,940 by year five. Five-year ROI tracks 135.21% and total cumulative return in cash totals $76,154. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,356/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57241, Hayti, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 385 (100%) |
| Owner Occupied HU | 301 (78.2%) |
| Renter Occupied HU | 63 (16.4%) |
| Vacant Housing Units | 21 ( 5.5%) |
| Median Home Value | $266,803 |
| Average Home Value | $308,181 |
Housing Distribution
Address Breakdown
Residential
213
Single Family
213
Multi-Family
0
Businesses
48
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Listed by: JAYSON MAGUIRE • EXIT REALTY CONNECTION
Mls Name: Northeast South Dakota BOR
Mls ID: #32-2288