1234 Spearfish Mountain LnSpearfishSD57783
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
Investment property for sale in Spearfish at 1234 Spearfish Mountain Ln, Spearfish, SD, 57783 at $157,500 posts ROI 24.91% with $218/mo cash flow from $1,213/mo rent. Total monthly income equals $1,213/mo, and annual cash flow records $2,611/yr on $52,211 to close. Return on cash invested measures 24.91% and rental yield reads 9.24% at the current $157,500. Equity gained on principal adds $1,016/yr, and 5% annual appreciation supports $43,514 by year five. Five-year ROI prints 129.85% and total cumulative return in cash totals $67,797.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,213/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57783, Spearfish, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,896 (100%) |
| Owner Occupied HU | 4,819 (54.2%) |
| Renter Occupied HU | 3,135 (35.2%) |
| Vacant Housing Units | 942 (10.6%) |
| Median Home Value | $357,200 |
| Average Home Value | $433,585 |
Housing Distribution
Address Breakdown
Residential
7,630
Single Family
6,881
Multi-Family
749
Businesses
978
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Corttnee Schmidt • eXp Realty
Mls Name: Mount Rushmore Area AOR
Mls Provider:
Mls ID: #83695
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