509 Main St NAvonSD57315
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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
Investment property for sale in Avon at 509 Main St N, Avon, SD, 57315 offers a 10.6% rental yield on a $114,750 purchase with $1,014/mo rent. Total monthly income registers $1,014/mo, and a $562/mo payment leaves $288/mo available for distribution. Annual cash flow reaches $3,462/yr on $38,040 to close, and return on cash invested stands at 29.01% in year one. Equity gained on principal adds $740/yr while 5% annual appreciation supports $31,703 over five years. Portfolio math shows five-year ROI at 151.87% and total cumulative return in cash at $57,771. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,014/mo property income against a $562/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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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.