1000 West BlvdRapid CitySD57701
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 Rapid City at 1000 West Blvd, Rapid City, SD, 57701 with 5% annual appreciation on a $624,900 basis while $4,046/mo rent supports operations. Total monthly income totals $4,046/mo and a $3,059/mo payment preserves $97/mo for cash returns. Annual cash flow comes to $1,158/yr on $205,592 deployed, and return on cash invested reaches 20.62% in year one. Equity gained on principal adds $4,032/yr, and five-year appreciation sums $172,648 alongside rental yield of 7.77%. Five-year ROI measures 106.82% and total cumulative return in cash totals $219,617.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,046/mo property income versus a $3,059/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1913
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57701, Rapid City, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,911 (100%) |
| Owner Occupied HU | 11,148 (48.7%) |
| Renter Occupied HU | 10,021 (43.7%) |
| Vacant Housing Units | 1,742 ( 7.6%) |
| Median Home Value | $286,770 |
| Average Home Value | $316,857 |
Housing Distribution
Address Breakdown
Residential
20,368
Single Family
16,786
Multi-Family
3,582
Businesses
2,132
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Beth Staeckeler • Blair Allen Luxury Real Estate LLC
Mls Name: Mount Rushmore Area AOR
Mls ID: #86564