1408 Kennedy Memorial DrMobridgeSD57601
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 Mobridge at 1408 Kennedy Memorial Dr, Mobridge, SD, 57601 with 5% annual appreciation on a $350,000 basis while $2,711/mo rent supports operations. Total monthly income totals $2,711/mo and a $1,713/mo payment preserves $499/mo for cash returns. Annual cash flow comes to $5,991/yr on $116,025 deployed, and return on cash invested reaches 25.07% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,699 alongside rental yield of 9.29%. Five-year ROI measures 130.73% and total cumulative return in cash totals $151,682.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,711/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57601, Mobridge, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,856 (100%) |
| Owner Occupied HU | 1,036 (55.8%) |
| Renter Occupied HU | 529 (28.5%) |
| Vacant Housing Units | 291 (15.7%) |
| Median Home Value | $166,304 |
| Average Home Value | $202,869 |
Housing Distribution
Address Breakdown
Residential
1,659
Single Family
1,466
Multi-Family
193
Businesses
255
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rylae Jensen • Bridge City Real Estate
Mls Name: Central South Dakota BOR
Mls Provider:
Mls ID: #25-116
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.