507 Morgen RdBox ElderSD57719
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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 Box Elder at 507 Morgen Rd, Box Elder, SD, 57719 offers $2,753/mo rent that, after a $1,738/mo payment, leaves $509/mo cash flow. Total monthly income is $2,753/mo, and annual cash flow is $6,110/yr on $117,682 cash. Return on cash invested measures 25.1% in year one, and rental yield stands at 9.31% at a $354,999 entry. Equity gained on principal adds $2,291/yr while 5% annual appreciation compounds into $98,080 by year five. Five-year ROI records 130.88% and total cumulative return in cash reaches $154,019. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,753/mo property income versus a $1,738/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57719, Box Elder, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,259 (100%) |
| Owner Occupied HU | 2,257 (53.0%) |
| Renter Occupied HU | 1,620 (38.0%) |
| Vacant Housing Units | 382 ( 9.0%) |
| Median Home Value | $292,033 |
| Average Home Value | $314,518 |
Housing Distribution
Address Breakdown
Residential
4,473
Single Family
4,177
Multi-Family
296
Businesses
160
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Listed by: AMY HOOK • RE/MAX ADVANTAGE
Mls Name: Black Hills AOR
Mls ID: #176786