6001 Northdale DrBlack 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 6001 Northdale Dr, Black Hawk, SD, 57718 priced at $335,000 converts $2,261/mo rent into $144/mo cash flow after a $1,640/mo obligation. Total monthly income equals $2,261/mo, and annual cash flow totals $1,723/yr on $111,053 invested. Return on cash invested prints 21.46% in year one, and rental yield reads 8.1% against a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation compiles into $92,554 by year five. Five-year ROI reaches 111.35% and total cumulative return in cash sums $123,656. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,261/mo property income covering a $1,640/mo payment, not borrower’s personal income.
Single Family
Built in 1987
10,018 sqft 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: Amy Hook • RE/MAX ADVANTAGE
Mls Name: Black Hills AOR
Mls Provider:
Mls ID: #173302
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.