412 McQuillan StLeadSD57754
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 Lead at 412 McQuillan St, Lead, SD, 57754 with 5% annual appreciation on a $179,000 basis while $1,386/mo rent supports operations. Total monthly income totals $1,386/mo and a $876/mo payment preserves $255/mo for cash returns. Annual cash flow comes to $3,059/yr on $59,339 deployed, and return on cash invested reaches 25.06% in year one. Equity gained on principal adds $1,155/yr, and five-year appreciation sums $49,454 alongside rental yield of 9.29%. Five-year ROI measures 130.67% and total cumulative return in cash totals $77,535.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,386/mo property income versus a $876/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1915
6,098 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Warwick • Great Peaks Realty
Mls Name: Mount Rushmore Area AOR
Mls ID: #85534