717 4th AveMinaSD57451
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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
Rental property for sale in Mina at 717 4th Ave, Mina, SD, 57451 generates $2,225/mo in rent and, after a $1,219/mo payment, leaves $651/mo in cash flow. Total monthly income is $2,225/mo, and annual cash flow is $7,814/yr on $82,544 invested. Return on cash invested sits at 29.38% in year one, and rental yield is 10.72% on a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 153.82% and total cumulative return in cash sums $126,968. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,225/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57451, Ipswich, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,159 (100%) |
| Owner Occupied HU | 729 (62.9%) |
| Renter Occupied HU | 189 (16.3%) |
| Vacant Housing Units | 241 (20.8%) |
| Median Home Value | $293,254 |
| Average Home Value | $376,571 |
Housing Distribution
Address Breakdown
Residential
625
Single Family
625
Multi-Family
0
Businesses
87
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Listed by: Melanie R Bobby • Jency Realty Company
Mls Name: Aberdeen MLS
Mls Provider:
Mls ID: #25-245
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.