1761 Melody LnAberdeenSD57401
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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 Aberdeen at 1761 Melody Ln, Aberdeen, SD, 57401 at $775,000 posts ROI 19.61% with from $4,802/mo rent. Total monthly income equals $4,802/mo. Return on cash invested measures 19.61% and rental yield reads 7.44% at the current $775,000. Equity gained on principal adds $5,001/yr, and 5% annual appreciation supports $214,118 by year five. Five-year ROI prints 101.38% and total cumulative return in cash totals $258,499. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,802/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1994
1.82 Acres lot
$N/A/sqft
No 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
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Listed by: Nancy Jark • JARK REAL ESTATE
Mls Name: Aberdeen MLS
Mls ID: #24-550