20714 Morning Star RdLeadSD57754
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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
Total monthly income runs $2,640/mo, and a $7,538/mo payment. Purchase price stands at $1,540,000, and rental yield measures 2.06% with $2,640/mo rent. Return on cash invested shows 3.31% in year one, and 5% annual appreciation builds toward $425,474 over five years. Five-year ROI reaches 13.92% and total cumulative return in cash records $69,450. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $7,538/mo payment rather than investor’s personal income.
Single Family
Built in 2020
3.22 Acres 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
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Listed by: Jon Mehlhoff • eXp Realty
Mls Name: Mount Rushmore Area AOR
Mls ID: #84913