220 E Broad StKimballSD57355
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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 Kimball at 220 E Broad St, Kimball, SD, 57355 priced at $168,400 converts $1,186/mo rent into $122/mo cash flow after a $824/mo obligation. Total monthly income equals $1,186/mo, and annual cash flow totals $1,464/yr on $55,825 invested. Return on cash invested prints 22.53% in year one, and rental yield reads 8.45% against a $168,400 entry. Equity gained on principal adds $1,087/yr, while 5% annual appreciation compiles into $46,526 by year five. Five-year ROI reaches 117.17% and total cumulative return in cash sums $65,411. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,186/mo property income covering a $824/mo payment, not borrower’s personal income.
Single Family
Built in N/A
8,804 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57355, Kimball, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 517 (100%) |
| Owner Occupied HU | 341 (66.0%) |
| Renter Occupied HU | 87 (16.8%) |
| Vacant Housing Units | 89 (17.2%) |
| Median Home Value | $205,380 |
| Average Home Value | $280,799 |
Housing Distribution
Address Breakdown
Residential
304
Single Family
304
Multi-Family
0
Businesses
69
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Listed by: N/A • N/A
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