14175 406th AveGrotonSD57445
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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 Groton at 14175 406th Ave, Groton, SD, 57445 uses $66,267 cash to close to unlock $9,542/yr annual cash flow and $795/mo monthly cash flow. Total monthly income runs $2,058/mo, and a $978/mo payment keeps the spread at $795/mo. Purchase price stands at $199,900, and rental yield measures 12.35% with $2,058/mo rent. Return on cash invested shows 34.31% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 180.31% and total cumulative return in cash records $119,485. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,058/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1900
2.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57445, Groton, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 872 (100%) |
| Owner Occupied HU | 595 (68.2%) |
| Renter Occupied HU | 190 (21.8%) |
| Vacant Housing Units | 87 ( 10.0%) |
| Median Home Value | $252,273 |
| Average Home Value | $345,248 |
Housing Distribution
Address Breakdown
Residential
639
Single Family
627
Multi-Family
12
Businesses
73
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Listed by: Tetiana Althoff • Re/max Preferred Choice
Mls Name: Aberdeen MLS
Mls Provider:
Mls ID: #24-454
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.