47965 149th 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
Investment property for sale in Milbank at 47965 149th St, Milbank, SD, 57252 uses $72,930 cash to close to unlock $1,794/yr annual cash flow and $150/mo monthly cash flow. Total monthly income runs $1,540/mo, and a $1,077/mo payment keeps the spread at $150/mo. Purchase price stands at $220,000, and rental yield measures 8.4% with $1,540/mo rent. Return on cash invested shows 22.37% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 116.23% and total cumulative return in cash records $84,767. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,540/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.69 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: Elli Grabow - Fischer • THE REALTY TEAM
Mls Name: Northeast South Dakota BOR
Mls ID: #24-7024
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.