22990 Cedar Berry AveSpearfishSD57783
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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 Spearfish at 22990 Cedar Berry Ave, Spearfish, SD, 57783 listed at $1,599,000 pairs $7,172/mo rent with a $7,826/mo payment. Total monthly income runs $7,172/mo. Return on cash invested measures 13.58% in year one, and rental yield registers 5.38% at a $1,599,000 basis. Equity gained on principal adds $10,318/yr, and annual property appreciation at 5% supports $441,774 by year five. Five-year ROI tracks 68.97% and total cumulative return in cash totals $357,301. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,172/mo property income relative to a $7,826/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
2.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57783, Spearfish, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,896 (100%) |
| Owner Occupied HU | 4,819 (54.2%) |
| Renter Occupied HU | 3,135 (35.2%) |
| Vacant Housing Units | 942 (10.6%) |
| Median Home Value | $357,200 |
| Average Home Value | $433,585 |
Housing Distribution
Address Breakdown
Residential
7,630
Single Family
6,881
Multi-Family
749
Businesses
978
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Listed by: Michael Warwick • Great Peaks Realty
Mls Name: Mount Rushmore Area AOR
Mls ID: #86234