906 7th Ave SEAberdeenSD57401
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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 Aberdeen at 906 7th Ave SE, Aberdeen, SD, 57401 uses $49,692 cash to close to unlock $2,885/yr annual cash flow and $240/mo monthly cash flow. Total monthly income runs $1,188/mo, and a $734/mo payment keeps the spread at $240/mo. Purchase price stands at $149,900, and rental yield measures 9.51% with $1,188/mo rent. Return on cash invested shows 25.71% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 134.22% and total cumulative return in cash records $66,695. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,188/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1905
5,680 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: Jonathan Webb • FIRST PREMIER REALTY, LLC
Mls Name: Aberdeen MLS
Mls Provider:
Mls ID: #25-329
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.