605 3rd Ave EMobridgeSD57601
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow605 3rd Ave E, Mobridge, SD, 57601 in Mobridge is a solid income-producing rental, 10.76% gross yield, $1,165/mo rent, $344/mo net cash flow on a $129,900 buy. DSCR 1.99 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $35,889 and $1,196/yr in principal reduction project a total cumulative return of $71,492.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.2% |
| Monthly Cash Flow | $344 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,165 |
| Total Monthly Debt Service | $769 |
| DSCR Ratio | 1.51x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1965
8,712 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
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
Single Family
Built in 1965
8,712 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Central South Dakota BOR
Mls ID: #26-117