1016 8th StBrittonSD57430
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Britton at 1016 8th St, Britton, SD, 57430 earns $590/mo cash flow from $1,979/mo rent with a $1,076/mo payment. Total monthly income totals $1,979/mo, and annual cash flow totals $7,076/yr on $72,897 capital. ROI tracks 29.62% on current figures, and rental yield reads 10.8% at a $219,900 purchase. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 over five years. Five-year ROI reaches 155.07% and total cumulative return in cash sums $113,044. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,979/mo property income instead of your personal income.
Single Family
Built in 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57430, Britton, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,045 (100%) |
| Owner Occupied HU | 681 (65.2%) |
| Renter Occupied HU | 175 (16.7%) |
| Vacant Housing Units | 189 (18.1%) |
| Median Home Value | $193,056 |
| Average Home Value | $293,253 |
Housing Distribution
Address Breakdown
Residential
486
Single Family
456
Multi-Family
30
Businesses
121
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Josh Kraft • Dakota View Realty & Auctions
Mls Name: My State MLS
Mls ID: #11593873