1608 Miller LnAberdeenSD57401
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 Aberdeen at 1608 Miller Ln, Aberdeen, SD, 57401 offers $1,549/mo rent that, after a $1,904/mo payment. Total monthly income is $1,549/mo. Return on cash invested measures 10.05% in year one, and rental yield stands at 4.78% at a $389,000 entry. Equity gained on principal adds $2,510/yr while 5% annual appreciation compounds into $107,474 by year five. Five-year ROI records 50.66% and total cumulative return in cash reaches $65,322. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,549/mo property income versus a $1,904/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
5,662 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57401, Aberdeen, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,256 (100%) |
| Owner Occupied HU | 8,448 (55.4%) |
| Renter Occupied HU | 5,349 (35.1%) |
| Vacant Housing Units | 1,459 ( 9.6%) |
| Median Home Value | $272,732 |
| Average Home Value | $316,937 |
Housing Distribution
Address Breakdown
Residential
14,624
Single Family
11,282
Multi-Family
3,342
Businesses
1,209
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A