24506 S Highway 79HermosaSD57744
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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 Hermosa at 24506 S Highway 79, Hermosa, SD, 57744 earns from $1,448/mo rent with a $3,671/mo payment. Total monthly income totals $1,448/mo. ROI tracks 4.05% on current figures, and rental yield reads 2.32% at a $750,000 purchase. Equity gained on principal adds $4,840/yr, and 5% annual appreciation supports $207,211 over five years. Five-year ROI reaches 17.96% and total cumulative return in cash sums $44,310. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,448/mo property income instead of your personal income.
Single Family
Built in 1972
19.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57744, Hermosa, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,128 (100%) |
| Owner Occupied HU | 837 (74.2%) |
| Renter Occupied HU | 127 (11.3%) |
| Vacant Housing Units | 164 (14.5%) |
| Median Home Value | $509,615 |
| Average Home Value | $552,025 |
Housing Distribution
Address Breakdown
Residential
856
Single Family
856
Multi-Family
0
Businesses
47
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Listed by: MARNIE A MUFFAT • SUN REAL ESTATE
Mls Name: Black Hills AOR
Mls ID: #174805