129 Hanson LoopMilbankSD57252
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 Milbank at 129 Hanson Loop, Milbank, SD, 57252 at $740,000 posts ROI 2.07% with from $1,026/mo rent. Total monthly income equals $1,026/mo. Return on cash invested measures 2.07% and rental yield reads 1.66% at the current $740,000. Equity gained on principal adds $4,775/yr, and 5% annual appreciation supports $204,448 by year five. Five-year ROI prints 7.31% and total cumulative return in cash totals $17,794. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,026/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in N/A
8.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57252, Milbank, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,261 (100%) |
| Owner Occupied HU | 1,505 (66.6%) |
| Renter Occupied HU | 562 (24.9%) |
| Vacant Housing Units | 194 ( 8.6%) |
| Median Home Value | $192,841 |
| Average Home Value | $239,870 |
Housing Distribution
Address Breakdown
Residential
2,184
Single Family
1,876
Multi-Family
308
Businesses
300
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela Lambrechts • 1st Choice Real Estate, LLC
Mls Name: My State MLS
Mls ID: #11320540