143 Valley DrSpearfishSD57783
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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 Spearfish at 143 Valley Dr, Spearfish, SD, 57783 priced at $110,000 converts $874/mo rent into $179/mo cash flow after a $538/mo obligation. Total monthly income equals $874/mo, and annual cash flow totals $2,151/yr on $36,465 invested. Return on cash invested prints 25.81% in year one, and rental yield reads 9.53% against a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation compiles into $30,391 by year five. Five-year ROI reaches 134.76% and total cumulative return in cash sums $49,140. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $874/mo property income covering a $538/mo payment, not borrower’s personal income.
Manufactured
Built in 2012
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
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Listed by: Denise Gienger • Keller Williams Realty Black Hills SP
Mls Name: Mount Rushmore Area AOR
Mls ID: #86550