299 Aurora AveSpearfishSD57783
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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
Rental property for sale in Spearfish at 299 Aurora Ave, Spearfish, SD, 57783 offers $2,100/mo rent that, after a $1,879/mo payment. Total monthly income is $2,100/mo. Return on cash invested measures 16.83% in year one, and rental yield stands at 6.56% at a $384,000 entry. Equity gained on principal adds $2,478/yr while 5% annual appreciation compounds into $106,092 by year five. Five-year ROI records 86.53% and total cumulative return in cash reaches $110,144. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,100/mo property income versus a $1,879/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A 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: N/A • Hills View Homes
Mls Name: Desert View Homes
Mls Provider:
Mls ID: #N/A