1306 1st 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 1306 1st St, Britton, SD, 57430 uses $149,175 cash to close to unlock $11,169/yr annual cash flow and $931/mo monthly cash flow. Total monthly income runs $3,775/mo, and a $2,203/mo payment keeps the spread at $931/mo. Purchase price stands at $450,000, and rental yield measures 10.07% with $3,775/mo rent. Return on cash invested shows 27.4% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 143.16% and total cumulative return in cash records $213,558. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,775/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 1983
0.46 Acres 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Daryl Nelson • Ag and Homes Realty
Mls Name: Aberdeen MLS
Mls ID: #25-898