1001 S Nicholas AveBrandonSD57005
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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 Brandon at 1001 S Nicholas Ave, Brandon, SD, 57005 earns from $1,199/mo rent with a $2,932/mo payment. Total monthly income totals $1,199/mo. ROI tracks 4.31% on current figures, and rental yield reads 2.4% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 19.34% and total cumulative return in cash sums $38,110. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,199/mo property income instead of your personal income.
Single Family
Built in 2022
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57005, Brandon, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,482 (100%) |
| Owner Occupied HU | 3,380 (75.4%) |
| Renter Occupied HU | 951 (21.2%) |
| Vacant Housing Units | 151 ( 3.4%) |
| Median Home Value | $378,922 |
| Average Home Value | $442,610 |
Housing Distribution
Address Breakdown
Residential
4,611
Single Family
4,250
Multi-Family
361
Businesses
407
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Listed by: April J Pedersen • Hegg, REALTORS
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22600040