1223 6th AveBelle FourcheSD57717
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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 Belle Fourche at 1223 6th Ave, Belle Fourche, SD, 57717 generates $1,342/mo in rent and, after a $861/mo payment, leaves $230/mo in cash flow. Total monthly income is $1,342/mo, and annual cash flow is $2,762/yr on $58,344 invested. Return on cash invested sits at 24.64% in year one, and rental yield is 9.15% on a $176,000 entry. Equity gained on principal adds $1,136/yr, while 5% annual appreciation builds toward $48,626 over five years. Five-year ROI reaches 128.48% and total cumulative return in cash sums $74,961. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,342/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
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
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Listed by: Carri Odle • eXp Realty
Mls Name: Mount Rushmore Area AOR
Mls ID: #85983