42 Wabash AveDeadwoodSD57732
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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 Deadwood at 42 Wabash Ave, Deadwood, SD, 57732 generates $2,275/mo in rent and, after a $1,610/mo payment, leaves $196/mo in cash flow. Total monthly income is $2,275/mo, and annual cash flow is $2,354/yr on $109,064 invested. Return on cash invested sits at 22.07% in year one, and rental yield is 8.3% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 114.62% and total cumulative return in cash sums $125,013. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,275/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57732, Deadwood, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,555 (100%) |
| Owner Occupied HU | 858 (55.2%) |
| Renter Occupied HU | 213 (13.7%) |
| Vacant Housing Units | 484 (31.1%) |
| Median Home Value | $455,414 |
| Average Home Value | $470,670 |
Housing Distribution
Address Breakdown
Residential
1,135
Single Family
1,050
Multi-Family
85
Businesses
346
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Listed by: Greg Klein • Century 21 Associated Realty
Mls Name: Mount Rushmore Area AOR
Mls Provider:
Mls ID: #81631
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow Inc. are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Copyright 2024 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved