706 Morgans RunBrookingsSD57006
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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 706 Morgans Run, Brookings, SD, 57006 with 5% annual appreciation on a $109,900 basis while $826/mo rent supports operations. Total monthly income totals $826/mo and a $538/mo payment preserves $131/mo for cash returns. Annual cash flow comes to $1,577/yr on $36,432 deployed, and return on cash invested reaches 24.24% in year one. Equity gained on principal adds $709/yr, and five-year appreciation sums $30,363 alongside rental yield of 9.02%. Five-year ROI measures 126.33% and total cumulative return in cash totals $46,024.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $826/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2000
N/A lot
$N/A/sqft
No 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: Alan Hess • eXp Realty
Mls Name: East Central South Dakota BOR
Mls ID: #25-473