45145 State Highway 38MontroseSD57048
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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
Total monthly income runs $2,744/mo, and a $2,251/mo payment. Purchase price stands at $459,900, and rental yield measures 7.16% with $2,744/mo rent. Return on cash invested shows 18.63% in year one, and 5% annual appreciation builds toward $127,062 over five years. Five-year ROI reaches 96.16% and total cumulative return in cash records $146,598. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,744/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Single Family
Built in 1993
2 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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Nearby investment properties with comparable prices
Listed by: Brian Nedved • RE/MAX Professionals Inc
Mls Name: Realtor Association of the Sioux Empire
Mls Provider:
Mls ID: #22407890
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but not guaranteed. Copyright 2025 REALTOR Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.