7385 Castlewood DrSummersetSD57718
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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 7385 Castlewood Dr, Summerset, SD, 57718 with 5% annual appreciation on a $575,000 basis while $3,335/mo rent supports operations. 17% in year one. Equity gained on principal adds $3,710/yr, and five-year appreciation sums $158,862 alongside rental yield of 6.96%. Five-year ROI measures 93.65% and total cumulative return in cash totals $177,167. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,335/mo property income versus a $2,814/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2010
0.30 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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Listed by: Ashley Handcock • RE/MAX Advantage
Mls Name: Mount Rushmore Area AOR
Mls Provider:
Mls ID: #81884
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