2914 Sourdough RdRapid CitySD57702
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
Investment Highlights
Rental property for sale in Rapid City at 2914 Sourdough Rd, Rapid City, SD, 57702 priced at $675,400 pairs $3,602/mo rent with after a $3,306/mo payment. Total monthly income equals $3,602/mo. Return on cash invested is 16.46% in year one, and rental yield stands at 6.4% on a $675,400 basis. Equity gained on principal adds $4,358/yr, and 5% annual appreciation accumulates to $186,601 by year five. Five-year ROI measures 84.5% and total cumulative return in cash reaches $187,760. For financing, Ziffy Mortgage’s DSCR program evaluates $3,602/mo property income against a $3,306/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2009
0.26 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A