410 N 2nd AveMontroseSD57048
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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 Montrose at 410 N 2nd Ave, Montrose, SD, 57048 listed at $370,000 pairs $0/mo rent with a $1,811/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -2.97% in year one, and rental yield registers 0% at a $370,000 basis. Equity gained on principal adds $2,388/yr, and annual property appreciation at 5% supports $102,224 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,811/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57048, Montrose, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 422 (100%) |
| Owner Occupied HU | 311 (73.7%) |
| Renter Occupied HU | 62 (14.7%) |
| Vacant Housing Units | 49 (11.6%) |
| Median Home Value | $369,271 |
| Average Home Value | $432,002 |
Housing Distribution
Address Breakdown
Residential
368
Single Family
344
Multi-Family
24
Businesses
20
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No similar rental properties found nearby.
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Listed by: Bonnie J Sabers • Bonafide Real Estate LLC
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22506221