2419 Windmill DrSpearfishSD57783
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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 Spearfish at 2419 Windmill Dr, Spearfish, SD, 57783 earns from $2,818/mo rent with a $2,619/mo payment. Total monthly income totals $2,818/mo. ROI tracks 16.22% on current figures, and rental yield reads 6.32% at a $535,000 purchase. Equity gained on principal adds $3,452/yr, and 5% annual appreciation supports $147,811 over five years. Five-year ROI reaches 83.2% and total cumulative return in cash sums $146,452. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,818/mo property income instead of your personal income.
Townhouse
Built in 2005
0.26 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: Sandra Donahue • RE/MAX In The Hills
Mls Name: Mount Rushmore Area AOR
Mls ID: #86555