8073 Foley DrPiedmontSD57769
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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
Rental property for sale in Piedmont at 8073 Foley Dr, Piedmont, SD, 57769 offers $3,152/mo rent that, after a $2,055/mo payment, leaves $499/mo cash flow. Total monthly income is $3,152/mo, and annual cash flow is $5,984/yr on $139,197 cash. Return on cash invested measures 24.21% in year one, and rental yield stands at 9.01% at a $419,900 entry. Equity gained on principal adds $2,710/yr while 5% annual appreciation compounds into $116,011 by year five. Five-year ROI records 126.07% and total cumulative return in cash reaches $175,488. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,152/mo property income versus a $2,055/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
8,276 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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