1902 Edgewood TerHot 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 1902 Edgewood Ter, Hot Springs, SD, 57747 uses $49,692 cash to close to unlock $2,129/yr annual cash flow and $177/mo monthly cash flow. Total monthly income runs $1,125/mo, and a $734/mo payment keeps the spread at $177/mo. Purchase price stands at $149,900, and rental yield measures 9.01% with $1,125/mo rent. Return on cash invested shows 24.19% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 126.03% and total cumulative return in cash records $62,627. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,125/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1899
6,969 sqft 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: STEPHANIE D KELLER • EXIT REALTY BLACK HILLS
Mls Name: Black Hills AOR
Mls ID: #176420