525 E 5th AveMillerSD57362
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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 Miller at 525 E 5th Ave, Miller, SD, 57362 generates $1,588/mo in rent, after a $1,322/mo payment. Total monthly income is $1,588/mo. Return on cash invested sits at 18.32% in year one, and rental yield is 7.06% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 94.52% and total cumulative return in cash sums $84,601. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,588/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57362, Miller, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,082 (100%) |
| Owner Occupied HU | 619 (57.2%) |
| Renter Occupied HU | 251 (23.2%) |
| Vacant Housing Units | 212 (19.6%) |
| Median Home Value | $180,990 |
| Average Home Value | $227,851 |
Housing Distribution
Address Breakdown
Residential
882
Single Family
767
Multi-Family
115
Businesses
148
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A