621 3rd St SWHuronSD57350
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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 Huron at 621 3rd St SW, Huron, SD, 57350 uses $36,465 cash to close to unlock $8,811/yr annual cash flow and $734/mo monthly cash flow. Total monthly income runs $1,429/mo, and a $538/mo payment keeps the spread at $734/mo. Purchase price stands at $110,000, and rental yield measures 15.59% with $1,429/mo rent. Return on cash invested shows 44.07% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 232.69% and total cumulative return in cash records $84,852. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,429/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1900
1 Acres 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: N/A • N/A
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