508 N 3rd StGarden CitySD57401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Garden City at 508 N 3rd St, Garden City, SD, 57401 listed at $101,750 pairs $771/mo rent with a $498/mo payment to leave $128/mo cash flow. Total monthly income runs $771/mo, and annual cash flow reaches $1,536/yr on $33,730 cash to close. Return on cash invested measures 24.46% in year one, and rental yield registers 9.09% at a $101,750 basis. Equity gained on principal adds $657/yr, and annual property appreciation at 5% supports $28,112 by year five. Five-year ROI tracks 127.44% and total cumulative return in cash totals $42,985. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $771/mo property income relative to a $498/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1912
5,325 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Breanne Davis • Century 21 Investment Realtors
Mls Name: Aberdeen MLS
Mls ID: #25-876