511 Bluebird DrBox ElderSD57719
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
Rental property for sale in Box Elder at 511 Bluebird Dr, Box Elder, SD, 57719 priced at $259,900 converts $2,382/mo rent into $740/mo cash flow after a $1,272/mo obligation. Total monthly income equals $2,382/mo, and annual cash flow totals $8,876/yr on $86,157 invested. Return on cash invested prints 30.21% in year one, and rental yield reads 11% against a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation compiles into $71,806 by year five. Five-year ROI reaches 158.26% and total cumulative return in cash sums $136,354. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,382/mo property income covering a $1,272/mo payment, not borrower’s personal income.
Single Family
Built in 1980
10,454 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: CAMERON B CUMMINGS • COLDWELL BANKER BLACK HILLS LEGACY
Mls Name: Black Hills AOR
Mls ID: #177024