116 8th Ave NEAberdeenSD57401
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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 Aberdeen at 116 8th Ave NE, Aberdeen, SD, 57401 with 5% annual appreciation on a $105,900 basis while $984/mo rent supports operations. Total monthly income totals $984/mo and a $518/mo payment preserves $284/mo for cash returns. Annual cash flow comes to $3,405/yr on $35,106 deployed, and return on cash invested reaches 29.61% in year one. Equity gained on principal adds $683/yr, and five-year appreciation sums $29,258 alongside rental yield of 11.15%. Five-year ROI measures 155.42% and total cumulative return in cash totals $54,560.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $984/mo property income versus a $518/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1925
3,925 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57401, Aberdeen, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,256 (100%) |
| Owner Occupied HU | 8,448 (55.4%) |
| Renter Occupied HU | 5,349 (35.1%) |
| Vacant Housing Units | 1,459 ( 9.6%) |
| Median Home Value | $272,732 |
| Average Home Value | $316,937 |
Housing Distribution
Address Breakdown
Residential
14,624
Single Family
11,282
Multi-Family
3,342
Businesses
1,209
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Listed by: Ashton Davis • Jency Realty Company
Mls Name: Aberdeen MLS
Mls Provider:
Mls ID: #25-427
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.