1853 1/2 Pine StSturgisSD57785
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 1853 1/2 Pine St, Sturgis, SD, 57785 in Sturgis. At $223,000 it earns $1,853/mo in rent and distributes $444/mo to the owner after the $1,003/mo payment, a consistent 9.97% yield. DSCR 1.85 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $61,611 in value; $2,054/yr in principal paydown compounds ownership stake. Total projected return: $113,259.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 6.8% |
| Monthly Cash Flow | $444 | $450 |
City averages based on Sturgis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,853 |
| Total Monthly Debt Service | $1,321 |
| DSCR Ratio | 1.40x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1931
3,920 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1931
3,920 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandra Donahue • RE/MAX In The Hills
Mls Name: Mount Rushmore Area AOR
Mls ID: #81168