1529 Nagle LnMitchellSD57301
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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 Mitchell at 1529 Nagle Ln, Mitchell, SD, 57301 generates $1,624/mo in rent and, after a $1,209/mo payment, leaves $63/mo in cash flow. Total monthly income is $1,624/mo, and annual cash flow is $756/yr on $81,881 invested. Return on cash invested sits at 20.83% in year one, and rental yield is 7.89% on a $247,000 entry. Equity gained on principal adds $1,594/yr, while 5% annual appreciation builds toward $68,242 over five years. Five-year ROI reaches 108.05% and total cumulative return in cash sums $88,468. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,624/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57301, Mitchell, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,154 (100%) |
| Owner Occupied HU | 4,924 (53.8%) |
| Renter Occupied HU | 3,257 (35.6%) |
| Vacant Housing Units | 973 (10.6%) |
| Median Home Value | $209,750 |
| Average Home Value | $268,574 |
Housing Distribution
Address Breakdown
Residential
8,580
Single Family
7,302
Multi-Family
1,278
Businesses
962
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Listed by: N/A • Mitchell Area Housing
Mls Name: Mitchell Area Housing
Mls ID: #N/A