310 5th StFrederickSD57441
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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 Frederick at 310 5th St, Frederick, SD, 57441 uses $69,615 cash to close to unlock $5,841/yr annual cash flow and $487/mo monthly cash flow. Total monthly income runs $1,814/mo, and a $1,028/mo payment keeps the spread at $487/mo. Purchase price stands at $210,000, and rental yield measures 10.37% with $1,814/mo rent. Return on cash invested shows 28.3% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 148.01% and total cumulative return in cash records $103,036. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,814/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Townhouse
Built in 2023
6,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57441, Frederick, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 332 (100%) |
| Owner Occupied HU | 211 (63.6%) |
| Renter Occupied HU | 24 ( 7.2%) |
| Vacant Housing Units | 97 (29.2%) |
| Median Home Value | $278,409 |
| Average Home Value | $336,469 |
Housing Distribution
Address Breakdown
Residential
183
Single Family
183
Multi-Family
0
Businesses
28
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Listed by: Kimberly Kleinsasser • NORTH Realty & Development, LLC
Mls Name: Aberdeen MLS
Mls ID: #25-119