5642 Bobs LnBlack HawkSD57718
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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 Black Hawk at 5642 Bobs Ln, Black Hawk, SD, 57718 offers $1,560/mo rent that, after a $4,356/mo payment. Total monthly income is $1,560/mo. Return on cash invested measures 3.4% in year one, and rental yield stands at 2.1% at a $890,000 entry. Equity gained on principal adds $5,743/yr while 5% annual appreciation compounds into $245,891 by year five. Five-year ROI records 14.47% and total cumulative return in cash reaches $42,376. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,560/mo property income versus a $4,356/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57718, Black Hawk, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,174 (100%) |
| Owner Occupied HU | 2,560 (80.7%) |
| Renter Occupied HU | 467 (14.7%) |
| Vacant Housing Units | 147 ( 4.6%) |
| Median Home Value | $311,684 |
| Average Home Value | $333,230 |
Housing Distribution
Address Breakdown
Residential
2,850
Single Family
2,850
Multi-Family
0
Businesses
261
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Listed by: Daneen Jacquot Kulmala • SOUTH DAKOTA PROPERTIES
Mls Name: Black Hills AOR
Mls Provider:
Mls ID: #173117
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of Black Hills Association of REALTORS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed.