505 S Tessa AveHartfordSD57033
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Nearby investment properties with comparable prices
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 Hartford at 505 S Tessa Ave, Hartford, SD, 57033 offers $1,319/mo rent that, after a $1,556/mo payment. Total monthly income is $1,319/mo. Return on cash invested measures 12.05% in year one, and rental yield stands at 4.98% at a $318,000 entry. Equity gained on principal adds $2,052/yr while 5% annual appreciation compounds into $87,858 by year five. Five-year ROI records 60.88% and total cumulative return in cash reaches $64,175. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,319/mo property income versus a $1,556/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
8,280 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57033, Hartford, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,254 (100%) |
| Owner Occupied HU | 1,681 (74.6%) |
| Renter Occupied HU | 428 (19.0%) |
| Vacant Housing Units | 145 ( 6.4%) |
| Median Home Value | $389,706 |
| Average Home Value | $430,425 |
Housing Distribution
Address Breakdown
Residential
2,158
Single Family
2,042
Multi-Family
116
Businesses
148
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Listed by: Colleen T Kelly • Amy Stockberger Real Estate
Mls Name: Realtor Association of the Sioux Empire
Mls Provider:
Mls ID: #22503412
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.