905 Henderson AveArmourSD57313
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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 Armour at 905 Henderson Ave, Armour, SD, 57313 generates $885/mo in rent and, after a $538/mo payment, leaves $190/mo in cash flow. Total monthly income is $885/mo, and annual cash flow is $2,283/yr on $36,465 invested. Return on cash invested sits at 26.17% in year one, and rental yield is 9.65% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 136.7% and total cumulative return in cash sums $49,848. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $885/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57313, Armour, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 557 (100%) |
| Owner Occupied HU | 355 (63.7%) |
| Renter Occupied HU | 106 (19.0%) |
| Vacant Housing Units | 96 (17.2%) |
| Median Home Value | $139,773 |
| Average Home Value | $238,296 |
Housing Distribution
Address Breakdown
Residential
263
Single Family
257
Multi-Family
6
Businesses
71
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Listed by: Carson Koehn • Juffer Real Estate
Mls Name: Mitchell BOR
Mls Provider:
Mls ID: #25-185
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.