1009 Park Hill DrRapid CitySD57701
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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 Rapid City at 1009 Park Hill Dr, Rapid City, SD, 57701 uses $84,201 cash to close to unlock $3,853/yr annual cash flow and $321/mo monthly cash flow. Total monthly income runs $1,926/mo, and a $1,243/mo payment keeps the spread at $321/mo. Purchase price stands at $254,000, and rental yield measures 9.1% with $1,926/mo rent. Return on cash invested shows 24.48% in year one, and 5% annual appreciation builds toward $70,176 over five years. Five-year ROI reaches 127.59% and total cumulative return in cash records $107,430. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,926/mo property income covering a $1,243/mo payment rather than investor’s personal income.
Single Family
Built in 1978
8,276 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
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Listed by: Erin Gould • THE REAL ESTATE GROUP, INC.
Mls Name: Black Hills AOR
Mls Provider:
Mls ID: #173230
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.