804 S Viola StMilbankSD57252
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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 Milbank at 804 S Viola St, Milbank, SD, 57252 with 5% annual appreciation on a $189,000 basis while $1,446/mo rent supports operations. Total monthly income totals $1,446/mo and a $925/mo payment preserves $252/mo for cash returns. Annual cash flow comes to $3,020/yr on $62,654 deployed, and return on cash invested reaches 24.73% in year one. Equity gained on principal adds $1,220/yr, and five-year appreciation sums $52,217 alongside rental yield of 9.18%. Five-year ROI measures 128.88% and total cumulative return in cash totals $80,746.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,446/mo property income versus a $925/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1973
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57252, Milbank, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,261 (100%) |
| Owner Occupied HU | 1,505 (66.6%) |
| Renter Occupied HU | 562 (24.9%) |
| Vacant Housing Units | 194 ( 8.6%) |
| Median Home Value | $192,841 |
| Average Home Value | $239,870 |
Housing Distribution
Address Breakdown
Residential
2,184
Single Family
1,876
Multi-Family
308
Businesses
300
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Listed by: LANCE A O'FARRELL • MILBANK AREA HOMES
Mls Name: Northeast South Dakota BOR
Mls ID: #16-2123