2822 Olive Grove Ct, Rapid City, SD, 57703 | 6.6% Rental Yield

For Sale

Listed for sale 6 days ago

Ziffy Mortgage

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 2822 Olive Grove Ct, Rapid City, SD, 57703 earns from $2,579/mo rent with a $2,296/mo payment. Total monthly income totals $2,579/mo. ROI tracks 16.93% on current figures, and rental yield reads 6.6% at a $469,000 purchase. Equity gained on principal adds $3,026/yr, and 5% annual appreciation supports $129,576 over five years. Five-year ROI reaches 87.06% and total cumulative return in cash sums $135,355. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,579/mo property income instead of your personal income.

Single Family

Built in 2016

8,712 sqft lot

$N/A/sqft

No HOA