901 4th AveEdgemontSD57735
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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 Edgemont at 901 4th Ave, Edgemont, SD, 57735 offers a 1.15% rental yield on a $985,000 purchase with $940/mo rent. 49% in year one. Equity gained on principal adds $6,356/yr while 5% annual appreciation supports $272,137 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $940/mo property income against a $4,821/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1978
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57735, Edgemont, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 916 (100%) |
| Owner Occupied HU | 571 (62.3%) |
| Renter Occupied HU | 98 (10.7%) |
| Vacant Housing Units | 247 (27.0%) |
| Median Home Value | $197,768 |
| Average Home Value | $341,138 |
Housing Distribution
Address Breakdown
Residential
350
Single Family
331
Multi-Family
19
Businesses
56
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Listed by: Christy Lontine • Superior Property Management, LLC
Mls Name: Mount Rushmore Area AOR
Mls ID: #85404