404 9th Ave SEAberdeenSD57401
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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 404 9th Ave SE, Aberdeen, SD, 57401 at $143,500 posts ROI 24.97% with $201/mo cash flow from $1,107/mo rent. Total monthly income equals $1,107/mo, and annual cash flow records $2,406/yr on $47,570 to close. Return on cash invested measures 24.97% and rental yield reads 9.26% at the current $143,500. Equity gained on principal adds $926/yr, and 5% annual appreciation supports $39,646 by year five. Five-year ROI prints 130.18% and total cumulative return in cash totals $61,925.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,107/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1918
4,785 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: Sheryl Erickson • Erickson & Associates-realtors(r), Llc
Mls Name: Aberdeen MLS
Mls Provider:
Mls ID: #24-701
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.