23165 Justice LnRapid CitySD57703
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing23165 Justice Ln, Rapid City, SD, 57703 in Rapid City is a stable, well-positioned rental at $772,900. Rental yield 6.75%. DSCR 1.25 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $213,538 in value and $7,118/yr in principal paydown builds equity, a total projected return of $259,164.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.8% | 6.8% |
| Monthly Cash Flow | $(534) | $1,250 |
City averages based on Rapid City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,350 |
| Total Monthly Debt Service | $4,577 |
| DSCR Ratio | 0.95x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2002
40 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2002
40 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A