485 Jersey Ave NEHuronSD57350
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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 Huron at 485 Jersey Ave NE, Huron, SD, 57350 priced at $144,400 converts $1,920/mo rent into $1,007/mo cash flow after a $707/mo obligation. Total monthly income equals $1,920/mo, and annual cash flow totals $12,087/yr on $47,869 invested. Return on cash invested prints 45.16% in year one, and rental yield reads 15.96% against a $144,400 entry. Equity gained on principal adds $932/yr, while 5% annual appreciation compiles into $39,895 by year five. Five-year ROI reaches 238.5% and total cumulative return in cash sums $114,168. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,920/mo property income covering a $707/mo payment, not borrower’s personal income.
Single Family
Built in 1906
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57350, Huron, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,229 (100%) |
| Owner Occupied HU | 4,081 (56.5%) |
| Renter Occupied HU | 2,285 (31.6%) |
| Vacant Housing Units | 863 (11.9%) |
| Median Home Value | $184,109 |
| Average Home Value | $258,316 |
Housing Distribution
Address Breakdown
Residential
6,694
Single Family
5,843
Multi-Family
851
Businesses
686
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