1007 Elkhorn StBelle FourcheSD57717
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1007 Elkhorn St, Belle Fourche, SD, 57717 in Belle Fourche. Priced at $195,000, it generates $2,018/mo in gross rent and $786/mo in net monthly cash flow, a 12.42% yield that comfortably supports the 2.30 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $9,433. Five-year appreciation: $53,875. Equity from principal paydown: $1,796/yr. Total projected cumulative return: $124,657.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.4% | 7.2% |
| Monthly Cash Flow | $786 | $450 |
City averages based on Belle Fourche market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,018 |
| Total Monthly Debt Service | $1,155 |
| DSCR Ratio | 1.75x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1920
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57717, Belle Fourche, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,055 (100%) |
| Owner Occupied HU | 2,686 (66.2%) |
| Renter Occupied HU | 992 (24.5%) |
| Vacant Housing Units | 377 ( 9.3%) |
| Median Home Value | $262,670 |
| Average Home Value | $323,064 |
Housing Distribution
Address Breakdown
Residential
3,474
Single Family
3,301
Multi-Family
173
Businesses
388
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
Single Family
Built in 1920
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57717, Belle Fourche, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,055 (100%) |
| Owner Occupied HU | 2,686 (66.2%) |
| Renter Occupied HU | 992 (24.5%) |
| Vacant Housing Units | 377 ( 9.3%) |
| Median Home Value | $262,670 |
| Average Home Value | $323,064 |
Housing Distribution
Address Breakdown
Residential
3,474
Single Family
3,301
Multi-Family
173
Businesses
388
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Falina Selchert • Real Broker Black Hills
Mls Name: Mount Rushmore Area AOR
Mls Provider:
Mls ID: #84494
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