807 Upper Addie StLeadSD57754
INVESTMENT ANALYSIS
Investment Verdict
Solid Income807 Upper Addie St, Lead, SD, 57754 in Lead is a solid income-producing rental, 8.78% gross yield, $1,536/mo rent, $209/mo net cash flow on a $210,000 buy. DSCR 1.63 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $58,019 and $1,934/yr in principal reduction project a total cumulative return of $93,223.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.1% |
| Monthly Cash Flow | $209 | $850 |
City averages based on Lead market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,536 |
| Total Monthly Debt Service | $1,244 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57754, Lead, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,175 (100%) |
| Owner Occupied HU | 1,255 (39.5%) |
| Renter Occupied HU | 633 (19.9%) |
| Vacant Housing Units | 1,287 (40.5%) |
| Median Home Value | $281,635 |
| Average Home Value | $346,042 |
Housing Distribution
Address Breakdown
Residential
1,848
Single Family
1,729
Multi-Family
119
Businesses
178
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
Single Family
Built in 1900
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57754, Lead, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,175 (100%) |
| Owner Occupied HU | 1,255 (39.5%) |
| Renter Occupied HU | 633 (19.9%) |
| Vacant Housing Units | 1,287 (40.5%) |
| Median Home Value | $281,635 |
| Average Home Value | $346,042 |
Housing Distribution
Address Breakdown
Residential
1,848
Single Family
1,729
Multi-Family
119
Businesses
178
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda Derosier • Century 21 Associated Realty
Mls Name: Mount Rushmore Area AOR
Mls ID: #85645