1226 Camelot DrBrookingsSD57006
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 Brookings at 1226 Camelot Dr, Brookings, SD, 57006 uses $96,102 cash to close to unlock $2,279/yr annual cash flow and $190/mo monthly cash flow. Total monthly income runs $2,022/mo, and a $1,419/mo payment keeps the spread at $190/mo. Purchase price stands at $289,900, and rental yield measures 8.37% with $2,022/mo rent. Return on cash invested shows 22.28% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 115.72% and total cumulative return in cash records $111,213. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,022/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1981
3,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57006, Brookings, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,948 (100%) |
| Owner Occupied HU | 5,648 (47.3%) |
| Renter Occupied HU | 4,963 (41.5%) |
| Vacant Housing Units | 1,337 (11.2%) |
| Median Home Value | $287,661 |
| Average Home Value | $318,758 |
Housing Distribution
Address Breakdown
Residential
11,158
Single Family
8,175
Multi-Family
2,983
Businesses
935
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kari A. Westlund • Best Choice Real Estate
Mls Name: East Central South Dakota BOR
Mls ID: #25-566