318 Summit StBelle FourcheSD57717
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 Belle Fourche at 318 Summit St, Belle Fourche, SD, 57717 priced at $299,000 pairs $2,242/mo rent with $353/mo cash flow after a $1,463/mo payment. Total monthly income equals $2,242/mo, and annual cash flow comes to $4,235/yr on $99,119 invested. Return on cash invested is 24.18% in year one, and rental yield stands at 9% on a $299,000 basis. Equity gained on principal adds $1,929/yr, and 5% annual appreciation accumulates to $82,608 by year five. Five-year ROI measures 125.92% and total cumulative return in cash reaches $124,810. For financing, Ziffy Mortgage’s DSCR program evaluates $2,242/mo property income against a $1,463/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2004
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57717, Belle Fourche, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,055 (100%) |
| Owner Occupied HU | 2,686 (66.2%) |
| Renter Occupied HU | 992 (24.5%) |
| Vacant Housing Units | 377 ( 9.3%) |
| Median Home Value | $262,670 |
| Average Home Value | $323,064 |
Housing Distribution
Address Breakdown
Residential
3,474
Single Family
3,301
Multi-Family
173
Businesses
388
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Listed by: Dante Colicheski • Black Hills SD Realty
Mls Name: Mount Rushmore Area AOR
Mls ID: #85974