1618 Calumet RdBrookingsSD57006
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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 Brookings at 1618 Calumet Rd, Brookings, SD, 57006 generates $2,256/mo in rent, after a $1,752/mo payment. Total monthly income is $2,256/mo. Return on cash invested sits at 19.68% in year one, and rental yield is 7.56% on a $357,900 entry. Equity gained on principal adds $2,309/yr, while 5% annual appreciation builds toward $98,881 over five years. Five-year ROI reaches 101.87% and total cumulative return in cash sums $120,862. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,256/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
N/A lot
$N/A/sqft
$200 annually 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
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Listed by: Emilie A. Portz • Century 21 Krogman & Company
Mls Name: East Central South Dakota BOR
Mls ID: #24-610