820 9th 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
Rental property for sale in Brookings at 820 9th Ave, Brookings, SD, 57006 generates $864/mo in rent and, after a $538/mo payment, leaves $18/mo in cash flow. Total monthly income is $864/mo, and annual cash flow is $212/yr on $36,465 invested. Return on cash invested sits at 20.49% in year one, and rental yield is 9.43% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 107.97% and total cumulative return in cash sums $39,372. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $864/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
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: Sarah Woodard • Best Choice Real Estate
Mls Name: East Central South Dakota BOR
Mls ID: #25-533