102 Heritage AveLeadSD57754
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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 Lead at 102 Heritage Ave, Lead, SD, 57754 offers $3,080/mo rent that, after a $3,622/mo payment. Total monthly income is $3,080/mo. Return on cash invested measures 12.19% in year one, and rental yield stands at 4.99% at a $740,000 entry. Equity gained on principal adds $4,775/yr while 5% annual appreciation compounds into $204,448 by year five. Five-year ROI records 61.6% and total cumulative return in cash reaches $149,962. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,080/mo property income versus a $3,622/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
1.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57754, Lead, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,175 (100%) |
| Owner Occupied HU | 1,255 (39.5%) |
| Renter Occupied HU | 633 (19.9%) |
| Vacant Housing Units | 1,287 (40.5%) |
| Median Home Value | $281,635 |
| Average Home Value | $346,042 |
Housing Distribution
Address Breakdown
Residential
1,848
Single Family
1,729
Multi-Family
119
Businesses
178
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Listed by: Billy Hall • Better Way Half Fee Realty
Mls Name: Mount Rushmore Area AOR
Mls ID: #86359