1542 Davenport StSturgisSD57785
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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 Sturgis at 1542 Davenport St, Sturgis, SD, 57785 priced at $695,000 pairs $5,833/mo rent with $1,441/mo cash flow after a $3,402/mo payment. Total monthly income equals $5,833/mo, and annual cash flow comes to $17,287/yr on $228,655 invested. Return on cash invested is 27.62% in year one, and rental yield stands at 10.07% on a $695,000 basis. Equity gained on principal adds $4,485/yr, and 5% annual appreciation accumulates to $192,016 by year five. Five-year ROI measures 144.34% and total cumulative return in cash reaches $330,030. For financing, Ziffy Mortgage’s DSCR program evaluates $5,833/mo property income against a $3,402/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1926
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57785, Sturgis, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,258 (100%) |
| Owner Occupied HU | 3,225 (61.3%) |
| Renter Occupied HU | 1,384 (26.3%) |
| Vacant Housing Units | 649 (12.3%) |
| Median Home Value | $320,252 |
| Average Home Value | $346,612 |
Housing Distribution
Address Breakdown
Residential
4,645
Single Family
4,210
Multi-Family
435
Businesses
509
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Listed by: Michael Warwick • Great Peaks Realty
Mls Name: Mount Rushmore Area AOR
Mls ID: #84392