13004 Pony Express DrPiedmontSD57769
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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 Piedmont at 13004 Pony Express Dr, Piedmont, SD, 57769 generates $1,860/mo in rent and, after a $1,307/mo payment, leaves $173/mo in cash flow. Total monthly income is $1,860/mo, and annual cash flow is $2,070/yr on $88,511 invested. Return on cash invested sits at 22.25% in year one, and rental yield is 8.36% on a $267,000 entry. Equity gained on principal adds $1,723/yr, while 5% annual appreciation builds toward $73,767 over five years. Five-year ROI reaches 115.56% and total cumulative return in cash sums $102,283. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,860/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
10,018 sqft 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: Jeremy Kahler • Keller Williams Realty Black Hills SP
Mls Name: Mount Rushmore Area AOR
Mls ID: #85709