2007 Ash AveRapid 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 2007 Ash Ave, Rapid City, SD, 57703 offers a 8.72% rental yield on a $249,900 purchase with $1,816/mo rent. Total monthly income registers $1,816/mo, and a $1,223/mo payment leaves $237/mo available for distribution. Annual cash flow reaches $2,843/yr on $82,842 to close, and return on cash invested stands at 23.34% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 121.41% and total cumulative return in cash at $100,574. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,816/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
10,018 sqft lot
$N/A/sqft
No HOA
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Listed by: MEGAN MAHONEY • ASSIST 2 SELL/BUYERS & SELLERS REAL
Mls Name: Black Hills AOR
Mls Provider:
Mls ID: #175503
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.