1413 Creek StBrookingsSD57006
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
Rental property for sale in Brookings at 1413 Creek St, Brookings, SD, 57006 priced at $324,900 pairs $1,584/mo rent with after a $1,590/mo payment. Total monthly income equals $1,584/mo. Return on cash invested is 13.29% in year one, and rental yield stands at 5.85% on a $324,900 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,764 by year five. Five-year ROI measures 68.07% and total cumulative return in cash reaches $73,313. For financing, Ziffy Mortgage’s DSCR program evaluates $1,584/mo property income against a $1,590/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 2024
N/A lot
$N/A/sqft
$125 monthly 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: #24-522