766 Sonic WayBox ElderSD57719
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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 Box Elder at 766 Sonic Way, Box Elder, SD, 57719 uses $127,628 cash to close to unlock $6,173/yr annual cash flow and $514/mo monthly cash flow. Total monthly income runs $2,947/mo, and a $1,884/mo payment keeps the spread at $514/mo. Purchase price stands at $385,000, and rental yield measures 9.19% with $2,947/mo rent. Return on cash invested shows 24.75% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 128.96% and total cumulative return in cash records $164,590. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,947/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 2011
0.26 Acres 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
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Listed by: Suzette Pickar • West River Realty
Mls Name: Mount Rushmore Area AOR
Mls ID: #86492