607 Airway CtBox ElderSD57719
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 Box Elder at 607 Airway Ct, Box Elder, SD, 57719 offers a 9.58% rental yield on a $399,900 purchase with $3,192/mo rent. Total monthly income registers $3,192/mo, and a $1,957/mo payment leaves $665/mo available for distribution. Annual cash flow reaches $7,982/yr on $132,567 to close, and return on cash invested stands at 25.93% in year one. Equity gained on principal adds $2,580/yr while 5% annual appreciation supports $110,485 over five years. Portfolio math shows five-year ROI at 135.33% and total cumulative return in cash at $179,396. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,192/mo property income against a $1,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57719, Box Elder, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,259 (100%) |
| Owner Occupied HU | 2,257 (53.0%) |
| Renter Occupied HU | 1,620 (38.0%) |
| Vacant Housing Units | 382 ( 9.0%) |
| Median Home Value | $292,033 |
| Average Home Value | $314,518 |
Housing Distribution
Address Breakdown
Residential
4,473
Single Family
4,177
Multi-Family
296
Businesses
160
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melanie Lowe • The Real Estate Group Rapid City
Mls Name: Mount Rushmore Area AOR
Mls ID: #86269