105 S 4th StMilbankSD57252
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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 Milbank at 105 S 4th St, Milbank, SD, 57252 uses $39,780 cash to close to unlock $4,404/yr annual cash flow and $367/mo monthly cash flow. Total monthly income runs $1,125/mo, and a $587/mo payment keeps the spread at $367/mo. Purchase price stands at $120,000, and rental yield measures 11.25% with $1,125/mo rent. Return on cash invested shows 30.98% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 162.34% and total cumulative return in cash records $64,579. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,125/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1963
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57252, Milbank, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,261 (100%) |
| Owner Occupied HU | 1,505 (66.6%) |
| Renter Occupied HU | 562 (24.9%) |
| Vacant Housing Units | 194 ( 8.6%) |
| Median Home Value | $192,841 |
| Average Home Value | $239,870 |
Housing Distribution
Address Breakdown
Residential
2,184
Single Family
1,876
Multi-Family
308
Businesses
300
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Listed by: DOMINIQUE BOERGER • 203 Realty
Mls Name: Northeast South Dakota BOR
Mls ID: #35-637
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.