220 44th St APT 1ARapid 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
Investment property for sale in Rapid City at 220 44th St APT 1A, Rapid City, SD, 57702 earns $466/mo cash flow from $1,856/mo rent with a $1,077/mo payment. Total monthly income totals $1,856/mo, and annual cash flow totals $5,586/yr on $72,930 capital. ROI tracks 27.57% on current figures, and rental yield reads 10.12% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 144.12% and total cumulative return in cash sums $105,107. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,856/mo property income instead of your personal income.
Townhouse
Built in 1973
1,742 sqft 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: EMILY TOBIN TUPA • RE/MAX ADVANTAGE
Mls Name: Black Hills AOR
Mls Provider:
Mls ID: #173424
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.