1717.46 E Philadelphia,Rapid City,SD,57703

Investment Highlights

Investment property for sale in Rapid City at 1717.46 E Philadelphia, Rapid City, SD, 57703 listed at $167,000 pairs $1,500/mo rent with a $817/mo payment to leave $445/mo cash flow. Total monthly income runs $1,500/mo, and annual cash flow reaches $5,340/yr on $55,361 cash to close. Return on cash invested measures 29.56% in year one, and rental yield registers 10.78% at a $167,000 basis. Equity gained on principal adds $1,078/yr, and annual property appreciation at 5% supports $46,139 by year five. Five-year ROI tracks 154.82% and total cumulative return in cash totals $85,707. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,500/mo property income relative to a $817/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).