324 S 9th StAberdeenSD57401
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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 Aberdeen at 324 S 9th St, Aberdeen, SD, 57401 listed at $155,500 pairs $1,245/mo rent with a $761/mo payment to leave $262/mo cash flow. Total monthly income runs $1,245/mo, and annual cash flow reaches $3,149/yr on $51,548 cash to close. Return on cash invested measures 26.02% in year one, and rental yield registers 9.61% at a $155,500 basis. Equity gained on principal adds $1,003/yr, and annual property appreciation at 5% supports $42,962 by year five. Five-year ROI tracks 135.84% and total cumulative return in cash totals $70,025. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,245/mo property income relative to a $761/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
4,150 sqft 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
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Listed by: Melanie R Bobby • Jency Realty Company
Mls Name: Aberdeen MLS
Mls ID: #25-635