Old Highway 79Hot SpringsSD57747
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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 Hot Springs at Old Highway 79, Hot Springs, SD, 57747 with 5% annual appreciation on a $275,000 basis while $1,405/mo rent supports operations. 53% in year one. Equity gained on principal adds $1,775/yr, and five-year appreciation sums $75,977 alongside rental yield of 6.13%. Five-year ROI measures 79.56% and total cumulative return in cash totals $72,527. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,405/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2025
2.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57747, Hot Springs, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,659 (100%) |
| Owner Occupied HU | 2,132 (58.3%) |
| Renter Occupied HU | 762 (20.8%) |
| Vacant Housing Units | 765 (20.9%) |
| Median Home Value | $229,791 |
| Average Home Value | $306,197 |
Housing Distribution
Address Breakdown
Residential
2,953
Single Family
2,659
Multi-Family
294
Businesses
334
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Listed by: SHERRIE NUTTER • LAND BROKERS INC
Mls Name: Black Hills AOR
Mls Provider:
Mls ID: #174017
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.