508 S 5th 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 508 S 5th St, Milbank, SD, 57252 earns $534/mo cash flow from $1,640/mo rent with a $857/mo payment. Total monthly income totals $1,640/mo, and annual cash flow totals $6,404/yr on $58,013 capital. ROI tracks 30.95% on current figures, and rental yield reads 11.25% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 162.23% and total cumulative return in cash sums $94,111. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,640/mo property income instead of your personal income.
Single Family
Built in 1910
0.46 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: EMILY MADSEN • 203 Realty
Mls Name: Northeast South Dakota BOR
Mls ID: #35-670