1204 4th StBrittonSD57430
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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 Britton at 1204 4th St, Britton, SD, 57430 uses $40,609 cash to close to unlock $1,757/yr annual cash flow and $146/mo monthly cash flow. Total monthly income runs $921/mo, and a $600/mo payment keeps the spread at $146/mo. Purchase price stands at $122,500, and rental yield measures 9.02% with $921/mo rent. Return on cash invested shows 24.24% in year one, and 5% annual appreciation builds toward $33,844 over five years. Five-year ROI reaches 126.3% and total cumulative return in cash records $51,288. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $921/mo property income covering a $600/mo payment rather than investor’s personal income.
Single Family
Built in 1950
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57430, Britton, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,045 (100%) |
| Owner Occupied HU | 681 (65.2%) |
| Renter Occupied HU | 175 (16.7%) |
| Vacant Housing Units | 189 (18.1%) |
| Median Home Value | $193,056 |
| Average Home Value | $293,253 |
Housing Distribution
Address Breakdown
Residential
486
Single Family
456
Multi-Family
30
Businesses
121
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Listed by: Josh Kraft • Dakota View Realty & Auctions
Mls Name: My State MLS
Mls ID: #11505120