509 Main St NAvonSD57315
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow509 Main St N, Avon, SD, 57315 in Avon is a solid income-producing rental, 10.6% gross yield, $1,014/mo rent, $289/mo net cash flow on a $114,750 buy. DSCR 1.97 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $31,703 and $1,057/yr in principal reduction project a total cumulative return of $62,185.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.2% |
| Monthly Cash Flow | $289 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,014 |
| Total Monthly Debt Service | $680 |
| DSCR Ratio | 1.49x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1996
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57315, Avon, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 483 (100%) |
| Owner Occupied HU | 323 (66.9%) |
| Renter Occupied HU | 81 (16.8%) |
| Vacant Housing Units | 79 (16.4%) |
| Median Home Value | $210,057 |
| Average Home Value | $244,822 |
Housing Distribution
Address Breakdown
Residential
253
Single Family
242
Multi-Family
11
Businesses
37
Nearby investment properties with comparable rents
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
Single Family
Built in 1996
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57315, Avon, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 483 (100%) |
| Owner Occupied HU | 323 (66.9%) |
| Renter Occupied HU | 81 (16.8%) |
| Vacant Housing Units | 79 (16.4%) |
| Median Home Value | $210,057 |
| Average Home Value | $244,822 |
Housing Distribution
Address Breakdown
Residential
253
Single Family
242
Multi-Family
11
Businesses
37
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alison Woods • Juffer Real Estate
Mls Name: Mitchell BOR
Mls Provider:
Mls ID: #25-402
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.