210 Main StBuffalo GapSD57722
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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
Rental property for sale in Buffalo Gap at 210 Main St, Buffalo Gap, SD, 57722 priced at $299,000 converts $1,322/mo rent into after a $1,463/mo obligation. Total monthly income equals $1,322/mo. Return on cash invested prints 13.04% in year one, and rental yield reads 5.31% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 66.19% and total cumulative return in cash sums $65,602. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,322/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Manufactured
Built in 2001
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57722, Buffalo Gap, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 185 (100%) |
| Owner Occupied HU | 150 (81.1%) |
| Renter Occupied HU | 16 ( 8.6%) |
| Vacant Housing Units | 19 (10.3%) |
| Median Home Value | $412,500 |
| Average Home Value | $498,867 |
Housing Distribution
Address Breakdown
Residential
83
Single Family
83
Multi-Family
0
Businesses
8
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Listed by: JEFF LARSEN • SKYLINE PROPERTIES AND REALTY
Mls Name: Black Hills AOR
Mls ID: #175221