705 2nd St EMobridgeSD57601
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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 Mobridge at 705 2nd St E, Mobridge, SD, 57601 earns $180/mo cash flow from $869/mo rent with a $534/mo payment. Total monthly income totals $869/mo, and annual cash flow totals $2,156/yr on $36,134 capital. ROI tracks 25.88% on current figures, and rental yield reads 9.57% at a $109,000 purchase. Equity gained on principal adds $703/yr, and 5% annual appreciation supports $30,115 over five years. Five-year ROI reaches 135.03% and total cumulative return in cash sums $48,790. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $869/mo property income instead of your personal income.
Single Family
Built in 1950
N/A 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
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Listed by: Jackie Heil • Bridge City Real Estate
Mls Name: Central South Dakota BOR
Mls ID: #25-554