197 Dorchester AveBox ElderSD57719
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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 Box Elder at 197 Dorchester Ave, Box Elder, SD, 57719 priced at $394,900 pairs $3,299/mo rent with $803/mo cash flow after a $1,933/mo payment. Total monthly income equals $3,299/mo, and annual cash flow comes to $9,639/yr on $130,909 invested. Return on cash invested is 27.27% in year one, and rental yield stands at 10.02% on a $394,900 basis. Equity gained on principal adds $2,548/yr, and 5% annual appreciation accumulates to $109,104 by year five. Five-year ROI measures 142.52% and total cumulative return in cash reaches $186,575. For financing, Ziffy Mortgage’s DSCR program evaluates $3,299/mo property income against a $1,933/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57719, Box Elder, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,259 (100%) |
| Owner Occupied HU | 2,257 (53.0%) |
| Renter Occupied HU | 1,620 (38.0%) |
| Vacant Housing Units | 382 ( 9.0%) |
| Median Home Value | $292,033 |
| Average Home Value | $314,518 |
Housing Distribution
Address Breakdown
Residential
4,473
Single Family
4,177
Multi-Family
296
Businesses
160
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Listed by: JOEY ONEAL • RE/MAX ADVANTAGE
Mls Name: Black Hills AOR
Mls ID: #175917