614 E 3rd StMillerSD57362
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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 Miller at 614 E 3rd St, Miller, SD, 57362 earns $17/mo cash flow from $1,186/mo rent with a $905/mo payment. Total monthly income totals $1,186/mo, and annual cash flow totals $208/yr on $61,328 capital. ROI tracks 20.25% on current figures, and rental yield reads 7.69% at a $185,000 purchase. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 over five years. Five-year ROI reaches 104.88% and total cumulative return in cash sums $64,323. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,186/mo property income instead of your personal income.
Single Family
Built in 1900
0.28 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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Listed by: Gary Goeller • Montgomery Real Estate
Mls Name: Huron BOR
Mls Provider:
Mls ID: #25-240
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.