607 Falcon AveHarrisburgSD57032
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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
Total monthly income runs $2,038/mo, and a $1,698/mo payment. Purchase price stands at $347,000, and rental yield measures 7.05% with $2,038/mo rent. Return on cash invested shows 18.3% in year one, and 5% annual appreciation builds toward $95,870 over five years. Five-year ROI reaches 94.39% and total cumulative return in cash records $108,572. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,038/mo property income covering a $1,698/mo payment rather than investor’s personal income.
Single Family
Built in 2006
8,537 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57032, Harrisburg, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,609 (100%) |
| Owner Occupied HU | 2,513 (69.6%) |
| Renter Occupied HU | 827 (22.9%) |
| Vacant Housing Units | 269 ( 7.5%) |
| Median Home Value | $318,108 |
| Average Home Value | $402,048 |
Housing Distribution
Address Breakdown
Residential
3,721
Single Family
3,628
Multi-Family
93
Businesses
240
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Listed by: Ron P Weber • Hegg, REALTORS
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22600175