2124 Noah St, Rapid City, SD, 57703 | $24/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Rapid City at 2124 Noah St, Rapid City, SD, 57703 uses $111,716 cash to close to unlock $285/yr annual cash flow and $24/mo monthly cash flow. Total monthly income runs $2,153/mo, and a $1,649/mo payment keeps the spread at $24/mo. Purchase price stands at $337,000, and rental yield measures 7.67% with $2,153/mo rent. Return on cash invested shows 20.16% in year one, and 5% annual appreciation builds toward $93,107 over five years. Five-year ROI reaches 104.38% and total cumulative return in cash records $116,604. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,153/mo property income covering a $1,649/mo payment rather than investor’s personal income.

Single Family

Built in 2024

N/A lot

$N/A/sqft

No HOA