21698 Piedmont Meadows RdPiedmontSD57769
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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 Piedmont at 21698 Piedmont Meadows Rd, Piedmont, SD, 57769 earns from $4,862/mo rent with a $7,337/mo payment. Total monthly income totals $4,862/mo. ROI tracks 8.98% on current figures, and rental yield reads 3.89% at a $1,499,000 purchase. Equity gained on principal adds $9,673/yr, and 5% annual appreciation supports $414,146 over five years. Five-year ROI reaches 44.29% and total cumulative return in cash sums $215,109. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,862/mo property income instead of your personal income.
Single Family
Built in 1997
9.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57769, Piedmont, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,919 (100%) |
| Owner Occupied HU | 1,542 (80.4%) |
| Renter Occupied HU | 273 (14.2%) |
| Vacant Housing Units | 104 ( 5.4%) |
| Median Home Value | $348,171 |
| Average Home Value | $407,401 |
Housing Distribution
Address Breakdown
Residential
1,689
Single Family
1,689
Multi-Family
0
Businesses
83
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Listed by: Chris Bergman • The Real Estate Center of Sturgis
Mls Name: Mount Rushmore Area AOR
Mls ID: #83578