3420 E Highway 44Rapid CitySD57703
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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
Rental property for sale in Rapid City at 3420 E Highway 44, Rapid City, SD, 57703 generates $2,197/mo in rent and, after a $1,441/mo payment, leaves $336/mo in cash flow. Total monthly income is $2,197/mo, and annual cash flow is $4,036/yr on $97,627 invested. Return on cash invested sits at 24.04% in year one, and rental yield is 8.95% on a $294,500 entry. Equity gained on principal adds $1,900/yr, while 5% annual appreciation builds toward $81,365 over five years. Five-year ROI reaches 125.2% and total cumulative return in cash sums $122,233. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,197/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
0.72 Acres lot
$N/A/sqft
No HOA
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Listed by: Jeania Middleton • EXIT REALTY BLACK HILLS
Mls Name: Black Hills AOR
Mls Provider:
Mls ID: #173129
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of Black Hills Association of REALTORS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed.