5809 W Elmwood DrBlack HawkSD57718
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
Investment property for sale in Black Hawk at 5809 W Elmwood Dr, Black Hawk, SD, 57718 at $335,000 posts ROI 22.94% with $281/mo cash flow from $2,398/mo rent. Total monthly income equals $2,398/mo, and annual cash flow records $3,367/yr on $111,053 to close. Return on cash invested measures 22.94% and rental yield reads 8.59% at the current $335,000. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 by year five. Five-year ROI prints 119.29% and total cumulative return in cash totals $132,476.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,398/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1979
0.44 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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Nearby investment properties with comparable prices
Listed by: Michael Warwick • Great Peaks Realty
Mls Name: Mount Rushmore Area AOR
Mls Provider:
Mls ID: #83538
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