1111 Crystal Ridge RdBrookingsSD57006
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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 Brookings at 1111 Crystal Ridge Rd, Brookings, SD, 57006 offers a 8.3% rental yield on a $474,900 purchase with $3,286/mo rent. Total monthly income registers $3,286/mo, and a $2,324/mo payment leaves $285/mo available for distribution. Annual cash flow reaches $3,423/yr on $157,429 to close, and return on cash invested stands at 22.08% in year one. Equity gained on principal adds $3,064/yr while 5% annual appreciation supports $131,206 over five years. Portfolio math shows five-year ROI at 114.69% and total cumulative return in cash at $180,551. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,286/mo property income against a $2,324/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57006, Brookings, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,948 (100%) |
| Owner Occupied HU | 5,648 (47.3%) |
| Renter Occupied HU | 4,963 (41.5%) |
| Vacant Housing Units | 1,337 (11.2%) |
| Median Home Value | $287,661 |
| Average Home Value | $318,758 |
Housing Distribution
Address Breakdown
Residential
11,158
Single Family
8,175
Multi-Family
2,983
Businesses
935
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Listed by: Dustin Tetzlaff • Burlage Peterson Auctioneers
Mls Name: East Central South Dakota BOR
Mls ID: #25-474