3100 New England StRapid CitySD57703
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
Investment property for sale in Rapid City at 3100 New England St, Rapid City, SD, 57703 offers a 7.08% rental yield on a $419,000 purchase with $2,473/mo rent. 4% in year one. Equity gained on principal adds $2,704/yr while 5% annual appreciation supports $115,762 over five years. Portfolio math shows five-year ROI at 94.9% and total cumulative return in cash at $131,813. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,473/mo property income against a $2,051/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
6,098 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: CHEYENNE S MCGRIFF • RE/MAX RESULTS
Mls Name: Black Hills AOR
Mls ID: #174874