410 3rd Ave EMobridgeSD57601
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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 Mobridge at 410 3rd Ave E, Mobridge, SD, 57601 offers a 9.03% rental yield on a $140,000 purchase with $1,054/mo rent. Total monthly income registers $1,054/mo, and a $685/mo payment leaves $170/mo available for distribution. Annual cash flow reaches $2,034/yr on $46,410 to close, and return on cash invested stands at 24.29% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 126.56% and total cumulative return in cash at $58,738. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,054/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1928
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57601, Mobridge, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,856 (100%) |
| Owner Occupied HU | 1,036 (55.8%) |
| Renter Occupied HU | 529 (28.5%) |
| Vacant Housing Units | 291 (15.7%) |
| Median Home Value | $166,304 |
| Average Home Value | $202,869 |
Housing Distribution
Address Breakdown
Residential
1,659
Single Family
1,466
Multi-Family
193
Businesses
255
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Listed by: Jackie Heil • Bridge City Real Estate
Mls Name: Central South Dakota BOR
Mls ID: #25-470