6535 Astoria CtSummersetSD57769
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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
Investment property for sale in Summerset at 6535 Astoria Ct, Summerset, SD, 57769 listed at $389,900 pairs $2,724/mo rent with a $1,908/mo payment to leave $260/mo cash flow. Total monthly income runs $2,724/mo, and annual cash flow reaches $3,125/yr on $129,252 cash to close. Return on cash invested measures 22.33% in year one, and rental yield registers 8.38% at a $389,900 basis. Equity gained on principal adds $2,516/yr, and annual property appreciation at 5% supports $107,722 by year five. Five-year ROI tracks 115.99% and total cumulative return in cash totals $149,917. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,724/mo property income relative to a $1,908/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
10,018 sqft 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: JAIMA KNUTSON-COLSON • RE/MAX RESULTS
Mls Name: Black Hills AOR
Mls ID: #176179