444 Saint Joe StSpearfishSD57783
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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 Spearfish at 444 Saint Joe St, Spearfish, SD, 57783 uses $195,755 cash to close to unlock $14,558/yr annual cash flow and $1,213/mo monthly cash flow. Total monthly income runs $4,973/mo, and a $2,912/mo payment keeps the spread at $1,213/mo. Purchase price stands at $595,000, and rental yield measures 10.03% with $4,973/mo rent. Return on cash invested shows 27.5% in year one, and 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 143.69% and total cumulative return in cash records $281,282. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,973/mo property income covering a $2,912/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57783, Spearfish, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,896 (100%) |
| Owner Occupied HU | 4,819 (54.2%) |
| Renter Occupied HU | 3,135 (35.2%) |
| Vacant Housing Units | 942 (10.6%) |
| Median Home Value | $357,200 |
| Average Home Value | $433,585 |
Housing Distribution
Address Breakdown
Residential
7,630
Single Family
6,881
Multi-Family
749
Businesses
978
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Listed by: Kade J Welfl • The Real Estate Center of Spearfish
Mls Name: Mount Rushmore Area AOR
Mls ID: #87135