367 Red Rock CirBelle FourcheSD57717
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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 Belle Fourche at 367 Red Rock Cir, Belle Fourche, SD, 57717 offers $2,423/mo rent that, after a $1,542/mo payment, leaves $432/mo cash flow. Total monthly income is $2,423/mo, and annual cash flow is $5,185/yr on $104,423 cash. Return on cash invested measures 24.87% in year one, and rental yield stands at 9.23% at a $315,000 entry. Equity gained on principal adds $2,033/yr while 5% annual appreciation compounds into $87,029 by year five. Five-year ROI records 129.68% and total cumulative return in cash reaches $135,413. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,423/mo property income versus a $1,542/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2007
3,049 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: Becca Ellendorf • Blair Allen Luxury Real Estate LLC
Mls Name: Mount Rushmore Area AOR
Mls ID: #86382