316 Peoria StSpearfishSD57783
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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 316 Peoria St, Spearfish, SD, 57783 earns $217/mo cash flow from $4,129/mo rent with a $3,030/mo payment. Total monthly income totals $4,129/mo, and annual cash flow totals $2,603/yr on $203,651 capital. ROI tracks 21.34% on current figures, and rental yield reads 8% at a $619,000 purchase. Equity gained on principal adds $3,994/yr, and 5% annual appreciation supports $171,018 over five years. Five-year ROI reaches 110.64% and total cumulative return in cash sums $225,325. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,129/mo property income instead of your personal income.
Townhouse
Built in 2017
5,662 sqft 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: Heath Gran • Great Peaks Realty
Mls Name: Mount Rushmore Area AOR
Mls ID: #80729