Wagon Master WayPiedmontSD57769
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Piedmont at Wagon Master Way, Piedmont, SD, 57769 at $110,000 posts ROI 63.82% with $1,334/mo cash flow from $2,029/mo rent. Total monthly income equals $2,029/mo, and annual cash flow records $16,011/yr on $36,465 to close. Return on cash invested measures 63.82% and rental yield reads 22.13% at the current $110,000. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 by year five. Five-year ROI prints 338.59% and total cumulative return in cash totals $123,468.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,029/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Lot
Built in N/A
2.60 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bart Miller • RE/MAX Results
Mls Name: Mount Rushmore Area AOR
Mls Provider:
Mls ID: #81942
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 2024 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved