233 Mountain View DrLeadSD57754
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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
Rental property for sale in Lead at 233 Mountain View Dr, Lead, SD, 57754 offers $2,100/mo rent that, after a $2,925/mo payment. Total monthly income is $2,100/mo. Return on cash invested measures 9.83% in year one, and rental yield stands at 4.22% at a $597,700 entry. Equity gained on principal adds $3,857/yr while 5% annual appreciation compounds into $165,133 by year five. Five-year ROI records 48.94% and total cumulative return in cash reaches $96,238. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,100/mo property income versus a $2,925/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57754, Lead, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,175 (100%) |
| Owner Occupied HU | 1,255 (39.5%) |
| Renter Occupied HU | 633 (19.9%) |
| Vacant Housing Units | 1,287 (40.5%) |
| Median Home Value | $281,635 |
| Average Home Value | $346,042 |
Housing Distribution
Address Breakdown
Residential
1,848
Single Family
1,729
Multi-Family
119
Businesses
178
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Listed by: Jaima Knutson • RE/MAX Results
Mls Name: Mount Rushmore Area AOR
Mls ID: #86065