1215 24th Ave NEAberdeen CitySD57401
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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 City at 1215 24th Ave NE, Aberdeen City, SD, 57401 listed at $275,000 pairs $2,642/mo rent with a $1,346/mo payment to leave $904/mo cash flow. Total monthly income runs $2,642/mo, and annual cash flow reaches $10,849/yr on $91,163 cash to close. Return on cash invested measures 31.81% in year one, and rental yield registers 11.53% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 166.87% and total cumulative return in cash totals $152,123. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,642/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
0.34 Acres 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: Kaden Battest • Dakota Plains Real Estate & Development
Mls Name: Aberdeen MLS
Mls ID: #25-764