23974 Thompson DrHill CitySD57745
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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
Investment property for sale in Hill City at 23974 Thompson Dr, Hill City, SD, 57745 offers a 3.35% rental yield on a $999,000 purchase with $2,786/mo rent. 18% in year one. Equity gained on principal adds $6,446/yr while 5% annual appreciation supports $276,005 over five years. Portfolio math shows five-year ROI at 34.73% and total cumulative return in cash at $114,146. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,786/mo property income against a $4,890/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
8.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57745, Hill City, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,403 (100%) |
| Owner Occupied HU | 769 (54.8%) |
| Renter Occupied HU | 185 (13.2%) |
| Vacant Housing Units | 449 (32.0%) |
| Median Home Value | $557,907 |
| Average Home Value | $564,915 |
Housing Distribution
Address Breakdown
Residential
678
Single Family
654
Multi-Family
24
Businesses
168
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Listed by: DAN MCNAMARA • SKYLINE PROPERTIES AND REALTY
Mls Name: Black Hills AOR
Mls ID: #175787