15417 Center RdMilbankSD57252
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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 Milbank at 15417 Center Rd, Milbank, SD, 57252 generates $2,587/mo in rent and, after a $1,811/mo payment, leaves $249/mo in cash flow. Total monthly income is $2,587/mo, and annual cash flow is $2,985/yr on $122,655 invested. Return on cash invested sits at 22.34% in year one, and rental yield is 8.39% on a $370,000 entry. Equity gained on principal adds $2,388/yr, while 5% annual appreciation builds toward $102,224 over five years. Five-year ROI reaches 116.07% and total cumulative return in cash sums $142,361. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,587/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
14.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57252, Milbank, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,261 (100%) |
| Owner Occupied HU | 1,505 (66.6%) |
| Renter Occupied HU | 562 (24.9%) |
| Vacant Housing Units | 194 ( 8.6%) |
| Median Home Value | $192,841 |
| Average Home Value | $239,870 |
Housing Distribution
Address Breakdown
Residential
2,184
Single Family
1,876
Multi-Family
308
Businesses
300
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Listed by: Angela Lambrechts • 1st Choice Real Estate, LLC
Mls Name: My State MLS
Mls ID: #11574860