409 Elm StHenrySD57243
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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 Henry at 409 Elm St, Henry, SD, 57243 priced at $155,000 pairs $1,245/mo rent with $265/mo cash flow after a $759/mo payment. Total monthly income equals $1,245/mo, and annual cash flow comes to $3,181/yr on $51,383 invested. Return on cash invested is 26.1% in year one, and rental yield stands at 9.64% on a $155,000 basis. Equity gained on principal adds $1,000/yr, and 5% annual appreciation accumulates to $42,824 by year five. Five-year ROI measures 136.33% and total cumulative return in cash reaches $70,048. For financing, Ziffy Mortgage’s DSCR program evaluates $1,245/mo property income against a $759/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1995
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57243, Henry, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 245 (100%) |
| Owner Occupied HU | 199 (81.2%) |
| Renter Occupied HU | 20 ( 8.2%) |
| Vacant Housing Units | 26 (10.6%) |
| Median Home Value | $301,316 |
| Average Home Value | $315,075 |
Housing Distribution
Address Breakdown
Residential
196
Single Family
196
Multi-Family
0
Businesses
13
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Listed by: Jody Fiedler • MAINSTREAM REALTY
Mls Name: Northeast South Dakota BOR
Mls ID: #37-552
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.