2780 143rd Ave #17Rapid 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 2780 143rd Ave #17, Rapid City, SD, 57702 offers a 9.08% rental yield on a $121,900 purchase with $922/mo rent. Total monthly income registers $922/mo, and a $597/mo payment leaves $151/mo available for distribution. Annual cash flow reaches $1,816/yr on $40,410 to close, and return on cash invested stands at 24.4% in year one. Equity gained on principal adds $787/yr while 5% annual appreciation supports $33,679 over five years. Portfolio math shows five-year ROI at 127.2% and total cumulative return in cash at $51,400. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $922/mo property income against a $597/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2025
N/A 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: Garret Pollman • Factory Homes Clearance Center
Mls Name: My State MLS
Mls ID: #11539772