3915 Gallatin 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
Investment property for sale in Spearfish at 3915 Gallatin Ave, Spearfish, SD, 57783 earns $395/mo cash flow from $3,245/mo rent with a $2,207/mo payment. Total monthly income totals $3,245/mo, and annual cash flow totals $4,744/yr on $149,507 capital. ROI tracks 23.08% on current figures, and rental yield reads 8.63% at a $451,000 purchase. Equity gained on principal adds $2,910/yr, and 5% annual appreciation supports $124,603 over five years. Five-year ROI reaches 120.05% and total cumulative return in cash sums $179,480. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,245/mo property income instead of your personal income.
Single Family
Built in 2008
6,098 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: Jason Tysdal • Century 21 Spearfish Realty
Mls Name: Mount Rushmore Area AOR
Mls ID: #86767