18860 Garnet LnBelle FourcheSD57717
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
Investment Highlights
Rental property for sale in Belle Fourche at 18860 Garnet Ln, Belle Fourche, SD, 57717 generates $1,532/mo in rent, after a $2,203/mo payment. Total monthly income is $1,532/mo. Return on cash invested sits at 9.35% in year one, and rental yield is 4.09% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 46.41% and total cumulative return in cash sums $69,234. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,532/mo property income rather than buyer’s personal income.
Manufactured
Built in 1998
2.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57717, Belle Fourche, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,055 (100%) |
| Owner Occupied HU | 2,686 (66.2%) |
| Renter Occupied HU | 992 (24.5%) |
| Vacant Housing Units | 377 ( 9.3%) |
| Median Home Value | $262,670 |
| Average Home Value | $323,064 |
Housing Distribution
Address Breakdown
Residential
3,474
Single Family
3,301
Multi-Family
173
Businesses
388
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle J Watson • Keller Williams Realty Black Hills BF
Mls Name: Mount Rushmore Area AOR
Mls ID: #86665