28149 Sheps Canyon Cove Ct LOT 30Hot 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
Investment property for sale in Hot Springs at 28149 Sheps Canyon Cove Ct LOT 30, Hot Springs, SD, 57747 uses $39,449 cash to close to unlock $13,577/yr annual cash flow and $1,131/mo monthly cash flow. Total monthly income runs $1,883/mo, and a $582/mo payment keeps the spread at $1,131/mo. Purchase price stands at $119,000, and rental yield measures 18.99% with $1,883/mo rent. Return on cash invested shows 54.33% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 287.66% and total cumulative return in cash records $113,477. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,883/mo property income covering a $582/mo payment rather than investor’s personal income.
Manufactured
Built in 1996
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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A