829 S Lawson StAberdeen 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 829 S Lawson St, Aberdeen City, SD, 57401 offers $1,481/mo rent that, after a $929/mo payment, leaves $251/mo cash flow. Total monthly income is $1,481/mo, and annual cash flow is $3,016/yr on $62,952 cash. Return on cash invested measures 24.7% in year one, and rental yield stands at 9.36% at a $189,900 entry. Equity gained on principal adds $1,225/yr while 5% annual appreciation compounds into $52,466 by year five. Five-year ROI records 128.94% and total cumulative return in cash reaches $81,173. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,481/mo property income versus a $929/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
6,969 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: Lorna Johnston, CRS, GRI, ABR, E-Pro, C2EX • Century 21 Investment Realtors
Mls Name: Aberdeen MLS
Mls Provider:
Mls ID: #25-192
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.