1702 Highway 44 LOT 179Rapid CitySD57703
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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 1702 Highway 44 LOT 179, Rapid City, SD, 57703 uses $41,404 cash to close to unlock $2,112/yr annual cash flow and $176/mo monthly cash flow. Total monthly income runs $965/mo, and a $611/mo payment keeps the spread at $176/mo. Purchase price stands at $124,900, and rental yield measures 9.27% with $965/mo rent. Return on cash invested shows 25.01% in year one, and 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 130.5% and total cumulative return in cash records $54,034. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $965/mo property income covering a $611/mo payment rather than investor’s personal income.
Manufactured
Built in 1974
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jeffery Christians • REAL BROKER - SPEARFISH
Mls Name: Black Hills AOR
Mls Provider:
Mls ID: #173108
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.