525 Meadowlark DrHot SpringsSD57747
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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
Investment property for sale in Hot Springs at 525 Meadowlark Dr, Hot Springs, SD, 57747 with 5% annual appreciation on a $749,000 basis while $3,661/mo rent supports operations. 84% in year one. Equity gained on principal adds $4,833/yr, and five-year appreciation sums $206,935 alongside rental yield of 5.87%. Five-year ROI measures 75.79% and total cumulative return in cash totals $186,760. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,661/mo property income versus a $3,666/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2010
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57747, Hot Springs, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,659 (100%) |
| Owner Occupied HU | 2,132 (58.3%) |
| Renter Occupied HU | 762 (20.8%) |
| Vacant Housing Units | 765 (20.9%) |
| Median Home Value | $229,791 |
| Average Home Value | $306,197 |
Housing Distribution
Address Breakdown
Residential
2,953
Single Family
2,659
Multi-Family
294
Businesses
334
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Listed by: Resa Rutz • Century 21 Stevens & Associates
Mls Name: Mount Rushmore Area AOR
Mls Provider:
Mls ID: #83719
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