116 S Elm StAberdeenSD57401
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 Aberdeen at 116 S Elm St, Aberdeen, SD, 57401 with 5% annual appreciation on a $222,000 basis while $1,538/mo rent supports operations. Total monthly income totals $1,538/mo and a $1,087/mo payment preserves $135/mo for cash returns. Annual cash flow comes to $1,616/yr on $73,593 deployed, and return on cash invested reaches 22.1% in year one. Equity gained on principal adds $1,433/yr, and five-year appreciation sums $61,335 alongside rental yield of 8.31%. Five-year ROI measures 114.81% and total cumulative return in cash totals $84,495.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,538/mo property income versus a $1,087/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
7,755 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brittany A. Smart • Dakota Plains Real Estate & Development
Mls Name: Aberdeen MLS
Mls ID: #26-14