512 4th AveBelle FourcheSD57717
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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 Belle Fourche at 512 4th Ave, Belle Fourche, SD, 57717 offers a 9.19% rental yield on a $162,000 purchase with $1,240/mo rent. Total monthly income registers $1,240/mo, and a $793/mo payment leaves $216/mo available for distribution. Annual cash flow reaches $2,594/yr on $53,703 to close, and return on cash invested stands at 24.74% in year one. Equity gained on principal adds $1,045/yr while 5% annual appreciation supports $44,758 over five years. Portfolio math shows five-year ROI at 128.99% and total cumulative return in cash at $69,269. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,240/mo property income against a $793/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57717, Belle Fourche, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,055 (100%) |
| Owner Occupied HU | 2,686 (66.2%) |
| Renter Occupied HU | 992 (24.5%) |
| Vacant Housing Units | 377 ( 9.3%) |
| Median Home Value | $262,670 |
| Average Home Value | $323,064 |
Housing Distribution
Address Breakdown
Residential
3,474
Single Family
3,301
Multi-Family
173
Businesses
388
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Listed by: Cassandra Brown • RE/MAX In The Hills
Mls Name: Mount Rushmore Area AOR
Mls ID: #86596