1126 Chet St,Rapid City,SD,57703

Investment Highlights

Rental property for sale in Rapid City at 1126 Chet St, Rapid City, SD, 57703 generates $2,010/mo in rent and, after a $1,492/mo payment, leaves $84/mo in cash flow. Total monthly income is $2,010/mo, and annual cash flow is $1,002/yr on $101,074 invested. Return on cash invested sits at 20.9% in year one, and rental yield is 7.91% on a $304,900 entry. Equity gained on principal adds $1,967/yr, while 5% annual appreciation builds toward $84,238 over five years. Five-year ROI reaches 108.35% and total cumulative return in cash sums $109,514. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,010/mo property income rather than buyer’s personal income.