9514 Buchanan StSummersetSD57718
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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 Summerset at 9514 Buchanan St, Summerset, SD, 57718 generates $944/mo in rent and, after a $587/mo payment, leaves $186/mo in cash flow. Total monthly income is $944/mo, and annual cash flow is $2,234/yr on $39,747 invested. Return on cash invested sits at 25.53% in year one, and rental yield is 9.45% on a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 133.26% and total cumulative return in cash sums $52,968. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $944/mo property income rather than buyer’s personal income.
Manufactured
Built in 1983
N/A 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: TONY MARSHALL • CINC REALTY LLC
Mls Name: Black Hills AOR
Mls Provider:
Mls ID: #175437
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.