444 Saint Joseph 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
Rental property for sale in Spearfish at 444 Saint Joseph St, Spearfish, SD, 57783 priced at $595,000 pairs $4,784/mo rent with $1,024/mo cash flow after a $2,912/mo payment. Total monthly income equals $4,784/mo, and annual cash flow comes to $12,290/yr on $195,755 invested. Return on cash invested is 26.34% in year one, and rental yield stands at 9.65% on a $595,000 basis. Equity gained on principal adds $3,839/yr, and 5% annual appreciation accumulates to $164,388 by year five. Five-year ROI measures 137.47% and total cumulative return in cash reaches $269,114. For financing, Ziffy Mortgage’s DSCR program evaluates $4,784/mo property income against a $2,912/mo payment instead of your W2s, 1099s, or Tax returns.
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: #84319