21148 Two Bit Spring RdSturgisSD57785
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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 Sturgis at 21148 Two Bit Spring Rd, Sturgis, SD, 57785 generates $900/mo in rent, after a $4,381/mo payment. Total monthly income is $900/mo. Return on cash invested sits at 0.68% in year one, and rental yield is 1.21% on a $895,000 entry. Equity gained on principal adds $5,775/yr, while 5% annual appreciation builds toward $247,272 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $900/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
3.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57785, Sturgis, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,258 (100%) |
| Owner Occupied HU | 3,225 (61.3%) |
| Renter Occupied HU | 1,384 (26.3%) |
| Vacant Housing Units | 649 (12.3%) |
| Median Home Value | $320,252 |
| Average Home Value | $346,612 |
Housing Distribution
Address Breakdown
Residential
4,645
Single Family
4,210
Multi-Family
435
Businesses
509
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Listed by: Kari J Engen • THE REAL ESTATE CENTER OF SPEARFISH
Mls Name: Black Hills AOR
Mls Provider:
Mls ID: #172384
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of Black Hills Association of REALTORS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed.