508 Jesse AveHaytiSD57241
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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 Hayti at 508 Jesse Ave, Hayti, SD, 57241 generates $0/mo in rent, after a $1,111/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.97% in year one, and rental yield is 0% on a $226,900 entry. Equity gained on principal adds $1,464/yr, while 5% annual appreciation builds toward $62,688 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57241, Hayti, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 385 (100%) |
| Owner Occupied HU | 301 (78.2%) |
| Renter Occupied HU | 63 (16.4%) |
| Vacant Housing Units | 21 ( 5.5%) |
| Median Home Value | $266,803 |
| Average Home Value | $308,181 |
Housing Distribution
Address Breakdown
Residential
213
Single Family
213
Multi-Family
0
Businesses
48
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No similar rental properties found nearby.
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Listed by: David F Kneip • BEST CHOICE REAL ESTATE
Mls Name: Northeast South Dakota BOR
Mls ID: #36-219
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.