1209 10th St WMobridgeSD57601
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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 Mobridge at 1209 10th St W, Mobridge, SD, 57601 uses $91,163 cash to close to unlock $715/yr annual cash flow and $60/mo monthly cash flow. Total monthly income runs $2,023/mo, and a $1,346/mo payment keeps the spread at $60/mo. Purchase price stands at $275,000, and rental yield measures 8.83% with $2,023/mo rent. Return on cash invested shows 20.69% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 108.31% and total cumulative return in cash records $98,735. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,023/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A 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
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Listed by: Harley Overseth • Bridge City Real Estate
Mls Name: Central South Dakota BOR
Mls Provider:
Mls ID: #24-221
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.