2021 Derdall DrBrookingsSD57006
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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 Brookings at 2021 Derdall Dr, Brookings, SD, 57006 uses $94,478 cash to close to unlock $6,022/yr annual cash flow and $502/mo monthly cash flow. Total monthly income runs $2,303/mo, and a $1,395/mo payment keeps the spread at $502/mo. Purchase price stands at $285,000, and rental yield measures 9.7% with $2,303/mo rent. Return on cash invested shows 26.28% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 137.2% and total cumulative return in cash records $129,618. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,303/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1968
10,140 sqft lot
$N/A/sqft
No 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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