41506 State Highway 42EthanSD57334
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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 Ethan at 41506 State Highway 42, Ethan, SD, 57334 listed at $235,000 pairs $1,367/mo rent with a $1,150/mo payment. Total monthly income runs $1,367/mo. Return on cash invested measures 18.09% in year one, and rental yield registers 6.98% at a $235,000 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,926 by year five. Five-year ROI tracks 93.34% and total cumulative return in cash totals $72,712. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,367/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
4.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57334, Ethan, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 360 (100%) |
| Owner Occupied HU | 284 (78.9%) |
| Renter Occupied HU | 44 (12.2%) |
| Vacant Housing Units | 32 ( 8.9%) |
| Median Home Value | $287,879 |
| Average Home Value | $353,856 |
Housing Distribution
Address Breakdown
Residential
243
Single Family
243
Multi-Family
0
Businesses
18
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Listed by: KATTI L PAUL • Mitchell Realty LLC
Mls Name: Mitchell BOR
Mls Provider:
Mls ID: #25-306
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.