8705 Lark LnBlack HawkSD57718
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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 $1,115/mo, and a $3,372/mo payment. Purchase price stands at $689,000, and rental yield measures 1.94% with $1,115/mo rent. Return on cash invested shows 2.91% in year one, and 5% annual appreciation builds toward $190,358 over five years. Five-year ROI reaches 11.86% and total cumulative return in cash records $26,874. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,115/mo property income covering a $3,372/mo payment rather than investor’s personal income.
Single Family
Built in 1984
3.30 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: Patricia Horlock • SOUTH DAKOTA PROPERTIES
Mls Name: Black Hills AOR
Mls Provider:
Mls ID: #172775
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of Black Hills Association of REALTORS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed.