619 Elm AveBrookingsSD57006
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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 Brookings at 619 Elm Ave, Brookings, SD, 57006 earns $293/mo cash flow from $1,404/mo rent with a $783/mo payment. Total monthly income totals $1,404/mo, and annual cash flow totals $3,518/yr on $53,007 capital. ROI tracks 26.55% on current figures, and rental yield reads 10.54% at a $159,900 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 over five years. Five-year ROI reaches 139.51% and total cumulative return in cash sums $73,950. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,404/mo property income instead of your personal income.
Townhouse
Built in 1982
N/A lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57006, Brookings, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,948 (100%) |
| Owner Occupied HU | 5,648 (47.3%) |
| Renter Occupied HU | 4,963 (41.5%) |
| Vacant Housing Units | 1,337 (11.2%) |
| Median Home Value | $287,661 |
| Average Home Value | $318,758 |
Housing Distribution
Address Breakdown
Residential
11,158
Single Family
8,175
Multi-Family
2,983
Businesses
935
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Listed by: Mike Smith • Best Choice Real Estate
Mls Name: East Central South Dakota BOR
Mls ID: #25-279