606 Illinois AveHurleySD57036
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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 Hurley at 606 Illinois Ave, Hurley, SD, 57036 offers a 0% rental yield on a $230,000 purchase with $0/mo rent. 97% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,545 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57036, Hurley, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 375 (100%) |
| Owner Occupied HU | 287 (76.5%) |
| Renter Occupied HU | 33 ( 8.8%) |
| Vacant Housing Units | 55 (14.7%) |
| Median Home Value | $267,500 |
| Average Home Value | $293,127 |
Housing Distribution
Address Breakdown
Residential
263
Single Family
263
Multi-Family
0
Businesses
25
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Listed by: Greg T Doohen • Keller Williams Realty Sioux Falls
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22505789