851 Regency CtBrookingsSD57006
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 851 Regency Ct, Brookings, SD, 57006 offers $2,257/mo rent that, after a $2,936/mo payment. Total monthly income is $2,257/mo. Return on cash invested measures 10.73% in year one, and rental yield stands at 4.51% at a $599,900 entry. Equity gained on principal adds $3,871/yr while 5% annual appreciation compounds into $165,741 by year five. Five-year ROI records 53.8% and total cumulative return in cash reaches $106,180. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,257/mo property income versus a $2,936/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.65 Acres 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: Shane C Andersen • Century 21 Krogman & Company
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22503668