1107 6th Ave WMobridgeSD57601
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 Mobridge at 1107 6th Ave W, Mobridge, SD, 57601 offers a 9.69% rental yield on a $178,500 purchase with $1,441/mo rent. Total monthly income registers $1,441/mo, and a $874/mo payment leaves $313/mo available for distribution. Annual cash flow reaches $3,752/yr on $59,173 to close, and return on cash invested stands at 26.25% in year one. Equity gained on principal adds $1,152/yr while 5% annual appreciation supports $49,316 over five years. Portfolio math shows five-year ROI at 137.05% and total cumulative return in cash at $81,098. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,441/mo property income against a $874/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
8,960 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57601, Mobridge, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,856 (100%) |
| Owner Occupied HU | 1,036 (55.8%) |
| Renter Occupied HU | 529 (28.5%) |
| Vacant Housing Units | 291 (15.7%) |
| Median Home Value | $166,304 |
| Average Home Value | $202,869 |
Housing Distribution
Address Breakdown
Residential
1,659
Single Family
1,466
Multi-Family
193
Businesses
255
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristen Gill • Gill Land Company
Mls Name: Aberdeen MLS
Mls ID: #25-472