21061 Highway 385DeadwoodSD57732
Nearby investment properties with comparable rents
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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 Deadwood at 21061 Highway 385, Deadwood, SD, 57732 uses $92,820 cash to close to unlock $5,904/yr annual cash flow and $492/mo monthly cash flow. Total monthly income runs $2,261/mo, and a $1,370/mo payment keeps the spread at $492/mo. Purchase price stands at $280,000, and rental yield measures 9.69% with $2,261/mo rent. Return on cash invested shows 26.27% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 137.11% and total cumulative return in cash records $127,269. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,261/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1920
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57732, Deadwood, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,555 (100%) |
| Owner Occupied HU | 858 (55.2%) |
| Renter Occupied HU | 213 (13.7%) |
| Vacant Housing Units | 484 (31.1%) |
| Median Home Value | $455,414 |
| Average Home Value | $470,670 |
Housing Distribution
Address Breakdown
Residential
1,135
Single Family
1,050
Multi-Family
85
Businesses
346
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Listed by: Jacob Johnson • Dupont Real Estate
Mls Name: Mount Rushmore Area AOR
Mls Provider:
Mls ID: #84719
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow Inc. are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Copyright 2025 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved