707 N Oaks AveHartfordSD57033
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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 Hartford at 707 N Oaks Ave, Hartford, SD, 57033 generates $2,202/mo in rent and, after a $1,566/mo payment, leaves $180/mo in cash flow. Total monthly income is $2,202/mo, and annual cash flow is $2,160/yr on $106,080 invested. Return on cash invested sits at 21.95% in year one, and rental yield is 8.26% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 113.92% and total cumulative return in cash sums $120,843. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,202/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57033, Hartford, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,254 (100%) |
| Owner Occupied HU | 1,681 (74.6%) |
| Renter Occupied HU | 428 (19.0%) |
| Vacant Housing Units | 145 ( 6.4%) |
| Median Home Value | $389,706 |
| Average Home Value | $430,425 |
Housing Distribution
Address Breakdown
Residential
2,158
Single Family
2,042
Multi-Family
116
Businesses
148
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Listed by: David Larson • Hegg Real Estate
Mls Name: Mitchell BOR
Mls Provider:
Mls ID: #25-78
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.