222 Vilas StHermosaSD57744
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
Investment property for sale in Hermosa at 222 Vilas St, Hermosa, SD, 57744 offers a 8.61% rental yield on a $249,900 purchase with $1,793/mo rent. Total monthly income registers $1,793/mo, and a $1,223/mo payment leaves $214/mo available for distribution. Annual cash flow reaches $2,567/yr on $82,842 to close, and return on cash invested stands at 23.01% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 119.64% and total cumulative return in cash at $99,110. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,793/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57744, Hermosa, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,128 (100%) |
| Owner Occupied HU | 837 (74.2%) |
| Renter Occupied HU | 127 (11.3%) |
| Vacant Housing Units | 164 (14.5%) |
| Median Home Value | $509,615 |
| Average Home Value | $552,025 |
Housing Distribution
Address Breakdown
Residential
856
Single Family
856
Multi-Family
0
Businesses
47
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Listed by: DAVID BRENNEMAN • COLDWELL BANKER BLACK HILLS LEGACY
Mls Name: Black Hills AOR
Mls ID: #176476