406 12th AveBrittonSD57430
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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 Britton at 406 12th Ave, Britton, SD, 57430 generates $1,760/mo in rent and, after a $920/mo payment, leaves $572/mo in cash flow. Total monthly income is $1,760/mo, and annual cash flow is $6,865/yr on $62,322 invested. Return on cash invested sits at 30.92% in year one, and rental yield is 11.23% on a $188,000 entry. Equity gained on principal adds $1,213/yr, while 5% annual appreciation builds toward $51,941 over five years. Five-year ROI reaches 162.16% and total cumulative return in cash sums $101,060. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,760/mo property income rather than buyer’s personal income.
Single Family
Built in 1919
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57430, Britton, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,045 (100%) |
| Owner Occupied HU | 681 (65.2%) |
| Renter Occupied HU | 175 (16.7%) |
| Vacant Housing Units | 189 (18.1%) |
| Median Home Value | $193,056 |
| Average Home Value | $293,253 |
Housing Distribution
Address Breakdown
Residential
486
Single Family
456
Multi-Family
30
Businesses
121
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Listed by: N/A • N/A
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