2345 E Saint Francis St,Rapid City,SD,57703

Investment Highlights

Investment property for sale in Rapid City at 2345 E Saint Francis St, Rapid City, SD, 57703 listed at $350,000 pairs $2,633/mo rent with a $1,713/mo payment to leave $421/mo cash flow. Total monthly income runs $2,633/mo, and annual cash flow reaches $5,055/yr on $116,025 cash to close. Return on cash invested measures 24.27% in year one, and rental yield registers 9.03% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 126.4% and total cumulative return in cash totals $146,654. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,633/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).