609 Simmons Ave SEHuronSD57350
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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
Rental property for sale in Huron at 609 Simmons Ave SE, Huron, SD, 57350 generates $914/mo in rent and, after a $585/mo payment, leaves $128/mo in cash flow. Total monthly income is $914/mo, and annual cash flow is $1,539/yr on $39,614 invested. Return on cash invested sits at 23.79% in year one, and rental yield is 9.18% on a $119,500 entry. Equity gained on principal adds $771/yr, while 5% annual appreciation builds toward $33,016 over five years. Five-year ROI reaches 124.27% and total cumulative return in cash sums $49,230. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $914/mo property income rather than buyer’s personal income.
Single Family
Built in 1947
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57350, Huron, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,229 (100%) |
| Owner Occupied HU | 4,081 (56.5%) |
| Renter Occupied HU | 2,285 (31.6%) |
| Vacant Housing Units | 863 (11.9%) |
| Median Home Value | $184,109 |
| Average Home Value | $258,316 |
Housing Distribution
Address Breakdown
Residential
6,694
Single Family
5,843
Multi-Family
851
Businesses
686
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Listed by: Roger Chase • Action Realty
Mls Name: Huron BOR
Mls Provider:
Mls ID: #25-181
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.