20 Baltimore StLeadSD57754
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 Lead at 20 Baltimore St, Lead, SD, 57754 offers $1,568/mo rent that, after a $976/mo payment, leaves $308/mo cash flow. Total monthly income is $1,568/mo, and annual cash flow is $3,693/yr on $66,134 cash. Return on cash invested measures 25.49% in year one, and rental yield stands at 9.43% at a $199,500 entry. Equity gained on principal adds $1,287/yr while 5% annual appreciation compounds into $55,118 by year five. Five-year ROI records 132.96% and total cumulative return in cash reaches $87,931. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,568/mo property income versus a $976/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57754, Lead, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,175 (100%) |
| Owner Occupied HU | 1,255 (39.5%) |
| Renter Occupied HU | 633 (19.9%) |
| Vacant Housing Units | 1,287 (40.5%) |
| Median Home Value | $281,635 |
| Average Home Value | $346,042 |
Housing Distribution
Address Breakdown
Residential
1,848
Single Family
1,729
Multi-Family
119
Businesses
178
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Connie Schlepp • Exit Realty Black Hills
Mls Name: Mount Rushmore Area AOR
Mls ID: #85167