12874 Homer Smith RdSturgisSD57769
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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 Sturgis at 12874 Homer Smith Rd, Sturgis, SD, 57769 earns from $2,483/mo rent with a $2,325/mo payment. Total monthly income totals $2,483/mo. ROI tracks 15.95% on current figures, and rental yield reads 6.27% at a $475,000 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 over five years. Five-year ROI reaches 81.83% and total cumulative return in cash sums $128,851. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,483/mo property income instead of your personal income.
Single Family
Built in 1998
20.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57769, Piedmont, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,919 (100%) |
| Owner Occupied HU | 1,542 (80.4%) |
| Renter Occupied HU | 273 (14.2%) |
| Vacant Housing Units | 104 ( 5.4%) |
| Median Home Value | $348,171 |
| Average Home Value | $407,401 |
Housing Distribution
Address Breakdown
Residential
1,689
Single Family
1,689
Multi-Family
0
Businesses
83
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Listed by: Bill E Phillips • The Real Estate Center of Sturgis
Mls Name: Mount Rushmore Area AOR
Mls ID: #86783