Tbd OtherPiedmontSD57769
Nearby investment properties with comparable rents
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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 Tbd Other, Piedmont, SD, 57769 priced at $890,000 converts $1,632/mo rent into after a $4,356/mo obligation. Total monthly income equals $1,632/mo. Return on cash invested prints 3.7% in year one, and rental yield reads 2.2% against a $890,000 entry. Equity gained on principal adds $5,743/yr, while 5% annual appreciation compiles into $245,891 by year five. Five-year ROI reaches 16.05% and total cumulative return in cash sums $46,996. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,632/mo property income covering a $4,356/mo payment, not borrower’s personal income.
Single Family
Built in 2025
1.46 Acres 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: Becky Bowden • RE/MAX Advantage
Mls Name: Mount Rushmore Area AOR
Mls Provider:
Mls ID: #84120
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow Inc. are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Copyright 2025 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved