11504 Melchert PlHill CitySD57745
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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 Hill City at 11504 Melchert Pl, Hill City, SD, 57745 earns from $2,642/mo rent with a $3,646/mo payment. Total monthly income totals $2,642/mo. ROI tracks 9.95% on current figures, and rental yield reads 4.26% at a $744,900 purchase. Equity gained on principal adds $4,807/yr, and 5% annual appreciation supports $205,802 over five years. Five-year ROI reaches 49.56% and total cumulative return in cash sums $121,452. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,642/mo property income instead of your personal income.
Single Family
Built in 2003
6.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57745, Hill City, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,403 (100%) |
| Owner Occupied HU | 769 (54.8%) |
| Renter Occupied HU | 185 (13.2%) |
| Vacant Housing Units | 449 (32.0%) |
| Median Home Value | $557,907 |
| Average Home Value | $564,915 |
Housing Distribution
Address Breakdown
Residential
678
Single Family
654
Multi-Family
24
Businesses
168
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Listed by: Faith C Lewis • Lewis Realty
Mls Name: Mount Rushmore Area AOR
Mls ID: #85617