400 W Lincoln AveViborgSD57070
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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 Viborg at 400 W Lincoln Ave, Viborg, SD, 57070 priced at $750,000 pairs $1,025/mo rent with after a $3,671/mo payment. Total monthly income equals $1,025/mo. Return on cash invested is 1.99% in year one, and rental yield stands at 1.64% on a $750,000 basis. Equity gained on principal adds $4,840/yr, and 5% annual appreciation accumulates to $207,211 by year five. Five-year ROI measures 6.92% and total cumulative return in cash reaches $17,082. For financing, Ziffy Mortgage’s DSCR program evaluates $1,025/mo property income against a $3,671/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1972
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57070, Viborg, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 714 (100%) |
| Owner Occupied HU | 417 (58.4%) |
| Renter Occupied HU | 161 (22.5%) |
| Vacant Housing Units | 136 (19.0%) |
| Median Home Value | $210,714 |
| Average Home Value | $250,390 |
Housing Distribution
Address Breakdown
Residential
451
Single Family
451
Multi-Family
0
Businesses
62
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Listed by: Erica Knox • Lewis and Clark Realty Inc - Broadway
Mls Name: Meridian AOR
Mls Provider:
Mls ID: #116627
Disclaimer: Copyright Lewis & Clark Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.