929 18th Ave NEAberdeenSD57401
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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 at 929 18th Ave NE, Aberdeen, SD, 57401 generates $2,653/mo in rent and, after a $1,459/mo payment, leaves $769/mo in cash flow. Total monthly income is $2,653/mo, and annual cash flow is $9,232/yr on $98,787 invested. Return on cash invested sits at 29.25% in year one, and rental yield is 10.68% on a $298,000 entry. Equity gained on principal adds $1,923/yr, while 5% annual appreciation builds toward $82,332 over five years. Five-year ROI reaches 153.15% and total cumulative return in cash sums $151,292. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,653/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
0.30 Acres 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: Syranda Kay Wipf • Century 21 Investment Realtors
Mls Name: Aberdeen MLS
Mls ID: #24-772