8055 Steamboat RdSummersetSD57769
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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
Total monthly income runs $3,168/mo, and a $2,570/mo payment. Purchase price stands at $525,000, and rental yield measures 7.24% with $3,168/mo rent. Return on cash invested shows 19.02% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 98.19% and total cumulative return in cash records $169,605. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,168/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Single Family
Built in 2015
9,147 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: CARISSA MEYER • THE REAL ESTATE GROUP, INC.
Mls Name: Black Hills AOR
Mls ID: #176054