1401 S Main StKimballSD57355
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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
Rental property for sale in Kimball at 1401 S Main St, Kimball, SD, 57355 generates $959/mo in rent, after a $905/mo payment. Total monthly income is $959/mo. Return on cash invested sits at 15.81% in year one, and rental yield is 6.22% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 81.05% and total cumulative return in cash sums $49,707. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $959/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57355, Kimball, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 517 (100%) |
| Owner Occupied HU | 341 (66.0%) |
| Renter Occupied HU | 87 (16.8%) |
| Vacant Housing Units | 89 (17.2%) |
| Median Home Value | $205,380 |
| Average Home Value | $280,799 |
Housing Distribution
Address Breakdown
Residential
304
Single Family
304
Multi-Family
0
Businesses
69
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