520 W 2nd StKimballSD57355
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
Rental property for sale in Kimball at 520 W 2nd St, Kimball, SD, 57355 offers $3,085/mo rent that, after a $2,249/mo payment, leaves $181/mo cash flow. Total monthly income is $3,085/mo, and annual cash flow is $2,175/yr on $152,324 cash. Return on cash invested measures 21.34% in year one, and rental yield stands at 8.06% at a $459,500 entry. Equity gained on principal adds $2,965/yr while 5% annual appreciation compounds into $126,951 by year five. Five-year ROI records 110.69% and total cumulative return in cash reaches $168,600. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,085/mo property income versus a $2,249/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
1.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57355, Kimball, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 517 (100%) |
| Owner Occupied HU | 341 (66.0%) |
| Renter Occupied HU | 87 (16.8%) |
| Vacant Housing Units | 89 (17.2%) |
| Median Home Value | $205,380 |
| Average Home Value | $280,799 |
Housing Distribution
Address Breakdown
Residential
304
Single Family
304
Multi-Family
0
Businesses
69
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Listed by: Jeannine S Hickey Reuer • Chamberlain Real Estate Professionals LLC
Mls Name: My State MLS
Mls ID: #11572211