21238 Last Chance TrlLeadSD57754
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 21238 Last Chance Trl, Lead, SD, 57754 generates $2,768/mo in rent, after a $3,475/mo payment. Total monthly income is $2,768/mo. Return on cash invested sits at 11.23% in year one, and rental yield is 4.68% on a $709,900 entry. Equity gained on principal adds $4,581/yr, while 5% annual appreciation builds toward $196,132 over five years. Five-year ROI reaches 56.45% and total cumulative return in cash sums $131,836. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,768/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.93 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brittni Bjorum • West River Realty
Mls Name: Mount Rushmore Area AOR
Mls Provider:
Mls ID: #81891
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 2024 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved