400 6th AveEdgemontSD57735
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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 Edgemont at 400 6th Ave, Edgemont, SD, 57735 generates $858/mo in rent and, after a $558/mo payment, leaves $138/mo in cash flow. Total monthly income is $858/mo, and annual cash flow is $1,651/yr on $37,791 invested. Return on cash invested sits at 24.28% in year one, and rental yield is 9.03% on a $114,000 entry. Equity gained on principal adds $736/yr, while 5% annual appreciation builds toward $31,496 over five years. Five-year ROI reaches 126.49% and total cumulative return in cash sums $47,803. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $858/mo property income rather than buyer’s personal income.
Single Family
Built in 1946
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57735, Edgemont, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 916 (100%) |
| Owner Occupied HU | 571 (62.3%) |
| Renter Occupied HU | 98 (10.7%) |
| Vacant Housing Units | 247 (27.0%) |
| Median Home Value | $197,768 |
| Average Home Value | $341,138 |
Housing Distribution
Address Breakdown
Residential
350
Single Family
331
Multi-Family
19
Businesses
56
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Listed by: Amanda Carlin • Lampert Properties
Mls Name: Mount Rushmore Area AOR
Mls ID: #85200