404 N McBride StMilbankSD57252
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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
Total monthly income runs $917/mo, and a $734/mo payment. Purchase price stands at $149,999, and rental yield measures 7.34% with $917/mo rent. Return on cash invested shows 19.17% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 99.1% and total cumulative return in cash records $49,278. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $917/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1160
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57252, Milbank, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,261 (100%) |
| Owner Occupied HU | 1,505 (66.6%) |
| Renter Occupied HU | 562 (24.9%) |
| Vacant Housing Units | 194 ( 8.6%) |
| Median Home Value | $192,841 |
| Average Home Value | $239,870 |
Housing Distribution
Address Breakdown
Residential
2,184
Single Family
1,876
Multi-Family
308
Businesses
300
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Listed by: NASH COLBERG • HAUGAN NELSON REALTY, INC
Mls Name: Northeast South Dakota BOR
Mls ID: #30-4797