21274 Dancing Sky LnLeadSD57754
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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 Lead at 21274 Dancing Sky Ln, Lead, SD, 57754 offers a 6.3% rental yield on a $919,000 purchase with $4,822/mo rent. 15% in year one. Equity gained on principal adds $5,930/yr while 5% annual appreciation supports $253,903 over five years. Portfolio math shows five-year ROI at 82.82% and total cumulative return in cash at $250,393. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,822/mo property income against a $4,498/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
0.74 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: Jason Richards • The Real Estate Center of Spearfish
Mls Name: Mount Rushmore Area AOR
Mls ID: #83330