407 Mine StLeadSD57754
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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 Lead at 407 Mine St, Lead, SD, 57754 at $339,000 posts ROI 18.96% with from $2,053/mo rent. Total monthly income equals $2,053/mo. Return on cash invested measures 18.96% and rental yield reads 7.27% at the current $339,000. Equity gained on principal adds $2,188/yr, and 5% annual appreciation supports $93,659 by year five. Five-year ROI prints 97.9% and total cumulative return in cash totals $110,020. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,053/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2019
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57754, Lead, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,175 (100%) |
| Owner Occupied HU | 1,255 (39.5%) |
| Renter Occupied HU | 633 (19.9%) |
| Vacant Housing Units | 1,287 (40.5%) |
| Median Home Value | $281,635 |
| Average Home Value | $346,042 |
Housing Distribution
Address Breakdown
Residential
1,848
Single Family
1,729
Multi-Family
119
Businesses
178
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Listed by: Matt Klein • Century 21 Associated Realty
Mls Name: Mount Rushmore Area AOR
Mls ID: #86536