2405 16th Ave NWAberdeenSD57401
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 Aberdeen at 2405 16th Ave NW, Aberdeen, SD, 57401 earns from $4,279/mo rent with a $5,824/mo payment. Total monthly income totals $4,279/mo. ROI tracks 10.28% on current figures, and rental yield reads 4.31% at a $1,190,000 purchase. Equity gained on principal adds $7,679/yr, and 5% annual appreciation supports $328,775 over five years. Five-year ROI reaches 51.31% and total cumulative return in cash sums $197,824. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,279/mo property income instead of your personal income.
Single Family
Built in 2017
4.01 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashton Davis • Jency Realty Company
Mls Name: Aberdeen MLS
Mls Provider:
Mls ID: #25-434
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.