2210 Quartzite DrSturgisSD57785
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 Sturgis at 2210 Quartzite Dr, Sturgis, SD, 57785 offers $2,438/mo rent that, after a $1,831/mo payment, leaves $74/mo cash flow. Total monthly income is $2,438/mo, and annual cash flow is $889/yr on $123,981 cash. Return on cash invested measures 20.63% in year one, and rental yield stands at 7.82% at a $374,000 entry. Equity gained on principal adds $2,413/yr while 5% annual appreciation compounds into $103,329 by year five. Five-year ROI records 106.89% and total cumulative return in cash reaches $132,529. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,438/mo property income versus a $1,831/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2023
4,791 sqft 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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Nearby investment properties with comparable prices
Listed by: Jeffery R Christians • Real Broker Spearfish
Mls Name: Mount Rushmore Area AOR
Mls Provider:
Mls ID: #80408
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