59 Wagon Master WayPiedmontSD57769
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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 Piedmont at 59 Wagon Master Way, Piedmont, SD, 57769 priced at $110,000 converts $2,834/mo rent into $2,139/mo cash flow after a $538/mo obligation. Total monthly income equals $2,834/mo, and annual cash flow totals $25,671/yr on $36,465 invested. Return on cash invested prints 90.31% in year one, and rental yield reads 30.92% against a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation compiles into $30,391 by year five. Five-year ROI reaches 480.62% and total cumulative return in cash sums $175,260. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,834/mo property income covering a $538/mo payment, not borrower’s personal income.
Lot
Built in N/A
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57769, Piedmont, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,919 (100%) |
| Owner Occupied HU | 1,542 (80.4%) |
| Renter Occupied HU | 273 (14.2%) |
| Vacant Housing Units | 104 ( 5.4%) |
| Median Home Value | $348,171 |
| Average Home Value | $407,401 |
Housing Distribution
Address Breakdown
Residential
1,689
Single Family
1,689
Multi-Family
0
Businesses
83
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Listed by: Bart Miller • RE/MAX RESULTS
Mls Name: Black Hills AOR
Mls Provider:
Mls ID: #170767
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.