828 3rd Ave NEAberdeen CitySD57401
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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 Aberdeen City at 828 3rd Ave NE, Aberdeen City, SD, 57401 offers $1,355/mo rent that, after a $653/mo payment, leaves $512/mo cash flow. Total monthly income is $1,355/mo, and annual cash flow is $6,141/yr on $44,255 cash. Return on cash invested measures 33.79% in year one, and rental yield stands at 12.18% at a $133,500 entry. Equity gained on principal adds $861/yr while 5% annual appreciation compounds into $36,884 by year five. Five-year ROI records 177.44% and total cumulative return in cash reaches $78,526. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,355/mo property income versus a $653/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1906
7,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57401, Aberdeen, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,256 (100%) |
| Owner Occupied HU | 8,448 (55.4%) |
| Renter Occupied HU | 5,349 (35.1%) |
| Vacant Housing Units | 1,459 ( 9.6%) |
| Median Home Value | $272,732 |
| Average Home Value | $316,937 |
Housing Distribution
Address Breakdown
Residential
14,624
Single Family
11,282
Multi-Family
3,342
Businesses
1,209
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Listed by: Austin Lee Stage • A+ Realty, Llc
Mls Name: Aberdeen MLS
Mls Provider:
Mls ID: #24-762
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.