13311 Ridge RdHot SpringsSD57747
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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 Hot Springs at 13311 Ridge Rd, Hot Springs, SD, 57747 earns $154/mo cash flow from $1,102/mo rent with a $734/mo payment. Total monthly income totals $1,102/mo, and annual cash flow totals $1,851/yr on $49,725 capital. ROI tracks 23.63% on current figures, and rental yield reads 8.82% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 123.06% and total cumulative return in cash sums $61,194. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,102/mo property income instead of your personal income.
Manufactured
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57747, Hot Springs, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,659 (100%) |
| Owner Occupied HU | 2,132 (58.3%) |
| Renter Occupied HU | 762 (20.8%) |
| Vacant Housing Units | 765 (20.9%) |
| Median Home Value | $229,791 |
| Average Home Value | $306,197 |
Housing Distribution
Address Breakdown
Residential
2,953
Single Family
2,659
Multi-Family
294
Businesses
334
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Listed by: TRAVIS E COYLE • SOUTH DAKOTA PROPERTIES
Mls Name: Black Hills AOR
Mls Provider:
Mls ID: #173911
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of Black Hills Association of REALTORS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed.