405 S 5th StHot SpringsSD57747
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
Investment property for sale in Hot Springs at 405 S 5th St, Hot Springs, SD, 57747 offers a 18.49% rental yield on a $120,380 purchase with $1,855/mo rent. Total monthly income registers $1,855/mo, and a $589/mo payment leaves $1,065/mo available for distribution. Annual cash flow reaches $12,783/yr on $39,906 to close, and return on cash invested stands at 51.94% in year one. Equity gained on principal adds $777/yr while 5% annual appreciation supports $33,259 over five years. Portfolio math shows five-year ROI at 275.22% and total cumulative return in cash at $109,830. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,855/mo property income against a $589/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57747, Hot Springs, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,659 (100%) |
| Owner Occupied HU | 2,132 (58.3%) |
| Renter Occupied HU | 762 (20.8%) |
| Vacant Housing Units | 765 (20.9%) |
| Median Home Value | $229,791 |
| Average Home Value | $306,197 |
Housing Distribution
Address Breakdown
Residential
2,953
Single Family
2,659
Multi-Family
294
Businesses
334
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Nearby investment properties with comparable prices
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