2321 Pipestone 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
Investment property for sale in Sturgis at 2321 Pipestone Dr, Sturgis, SD, 57785 with 5% annual appreciation on a $575,000 basis while $3,935/mo rent supports operations. Total monthly income totals $3,935/mo and a $2,814/mo payment preserves $302/mo for cash returns. Annual cash flow comes to $3,619/yr on $189,175 deployed, and return on cash invested reaches 21.97% in year one. Equity gained on principal adds $3,710/yr, and five-year appreciation sums $158,862 alongside rental yield of 8.21%. Five-year ROI measures 114.06% and total cumulative return in cash totals $215,771.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,935/mo property income versus a $2,814/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2011
0.32 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cory Williams • The Real Estate Center of Sturgis
Mls Name: Mount Rushmore Area AOR
Mls ID: #86717