2043 Elmwood DrBrookingsSD57006
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
Investment property for sale in Brookings at 2043 Elmwood Dr, Brookings, SD, 57006 at $257,500 posts ROI 23.49% with $255/mo cash flow from $1,882/mo rent. Total monthly income equals $1,882/mo, and annual cash flow records $3,061/yr on $85,361 to close. Return on cash invested measures 23.49% and rental yield reads 8.77% at the current $257,500. Equity gained on principal adds $1,662/yr, and 5% annual appreciation supports $71,143 by year five. Five-year ROI prints 122.3% and total cumulative return in cash totals $104,401.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,882/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Seth Sayler • Best Choice Real Estate
Mls Name: East Central South Dakota BOR
Mls ID: #25-180