Harrington II Plan, Creekside PlaceHarrisburgSD57032
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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 Harrisburg at Harrington II Plan, Creekside Place, Harrisburg, SD, 57032 priced at $359,900 converts $2,520/mo rent into $245/mo cash flow after a $1,762/mo obligation. Total monthly income equals $2,520/mo, and annual cash flow totals $2,942/yr on $119,307 invested. Return on cash invested prints 22.37% in year one, and rental yield reads 8.4% against a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation compiles into $99,434 by year five. Five-year ROI reaches 116.26% and total cumulative return in cash sums $138,710. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,520/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57032, Harrisburg, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,609 (100%) |
| Owner Occupied HU | 2,513 (69.6%) |
| Renter Occupied HU | 827 (22.9%) |
| Vacant Housing Units | 269 ( 7.5%) |
| Median Home Value | $318,108 |
| Average Home Value | $402,048 |
Housing Distribution
Address Breakdown
Residential
3,721
Single Family
3,628
Multi-Family
93
Businesses
240
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Listed by: N/A • Signature Companies, LLC
Mls Name: Signature Companies, LLC
Mls Provider:
Mls ID: #N/A