11851 Elk View LoopSturgisSD57785
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
Investment Highlights
Rental property for sale in Sturgis at 11851 Elk View Loop, Sturgis, SD, 57785 generates $5,323/mo in rent and, after a $3,764/mo payment, leaves $463/mo in cash flow. Total monthly income is $5,323/mo, and annual cash flow is $5,558/yr on $253,001 invested. Return on cash invested sits at 22.26% in year one, and rental yield is 8.31% on a $769,000 entry. Equity gained on principal adds $4,962/yr, while 5% annual appreciation builds toward $212,461 over five years. Five-year ROI reaches 115.58% and total cumulative return in cash sums $292,423. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,323/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
2.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57785, Sturgis, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,258 (100%) |
| Owner Occupied HU | 3,225 (61.3%) |
| Renter Occupied HU | 1,384 (26.3%) |
| Vacant Housing Units | 649 (12.3%) |
| Median Home Value | $320,252 |
| Average Home Value | $346,612 |
Housing Distribution
Address Breakdown
Residential
4,645
Single Family
4,210
Multi-Family
435
Businesses
509
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Listed by: Adam Johnson • Pioneer Properties SD
Mls Name: Mount Rushmore Area AOR
Mls ID: #86725