28149 Sheps Canyon Cove Ct #39AHot SpringsSD57747
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
Rental property for sale in Hot Springs at 28149 Sheps Canyon Cove Ct #39A, Hot Springs, SD, 57747 generates $1,098/mo in rent and, after a $616/mo payment, leaves $303/mo in cash flow. Total monthly income is $1,098/mo, and annual cash flow is $3,631/yr on $41,736 invested. Return on cash invested sits at 28.61% in year one, and rental yield is 10.47% on a $125,900 entry. Equity gained on principal adds $812/yr, while 5% annual appreciation builds toward $34,784 over five years. Five-year ROI reaches 149.68% and total cumulative return in cash sums $62,472. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,098/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57747, Hot Springs, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,659 (100%) |
| Owner Occupied HU | 2,132 (58.3%) |
| Renter Occupied HU | 762 (20.8%) |
| Vacant Housing Units | 765 (20.9%) |
| Median Home Value | $229,791 |
| Average Home Value | $306,197 |
Housing Distribution
Address Breakdown
Residential
2,953
Single Family
2,659
Multi-Family
294
Businesses
334
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: TRACY BRADSKY • ENGEL & VOELKERS BLACK HILLS, LLC
Mls Name: Black Hills AOR
Mls Provider:
Mls ID: #174573
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of Black Hills Association of REALTORS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed.