165 Brenner PassRapid CitySD57702
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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 Rapid City at 165 Brenner Pass, Rapid City, SD, 57702 priced at $389,900 converts $1,984/mo rent into after a $1,908/mo obligation. Total monthly income equals $1,984/mo. Return on cash invested prints 15.46% in year one, and rental yield reads 6.11% against a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation compiles into $107,722 by year five. Five-year ROI reaches 79.15% and total cumulative return in cash sums $102,301. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,984/mo property income covering a $1,908/mo payment, not borrower’s personal income.
Single Family
Built in 2021
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57702, Rapid City, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,138 (100%) |
| Owner Occupied HU | 10,462 (64.8%) |
| Renter Occupied HU | 4,281 (26.5%) |
| Vacant Housing Units | 1,395 ( 8.6%) |
| Median Home Value | $432,090 |
| Average Home Value | $494,970 |
Housing Distribution
Address Breakdown
Residential
15,613
Single Family
13,867
Multi-Family
1,746
Businesses
1,052
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Listed by: MICHAEL BULICH • BERKSHIRE HATHAWAY HOMESERVICES MIDWEST REALTY
Mls Name: Black Hills AOR
Mls Provider:
Mls ID: #175941
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.