3867 School Dr, Rapid City, SD, 57703 | $478/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Currently Rented+ 2 more

- Bed
- Bath
- sft

300 E Adams St, Rapid City, SD, 57701

1 Bed
1 Bath
736 sft

320 44th St APT 5A, Rapid City, SD, 57702

2 Bed
1 Bath
825 sft

1002 Allen Ave, Rapid City, SD, 57701

3 Bed
2 Bath
1250 sft

4309.50 Circlewood Dr, Rapid City, SD, 57703

Nearby investment properties with comparable prices

3 Bed
2 Bath
1480 sft

100 S C Ave, New Underwood, SD, 57761

4 Bed
3 Bath
2128 sft

300 E Main St, Hermosa, SD, 57744

3 Bed
2 Bath
1216 sft

840 N Spruce St LOT 395, Rapid City, SD, 57701

Investment Property+ 2 more

3 Bed
2 Bath
1560 sft

228 Franklin St, Rapid City, SD, 57701

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Rapid City at 3867 School Dr, Rapid City, SD, 57703 generates $1,426/mo in rent and, after a $734/mo payment, leaves $478/mo in cash flow. Total monthly income is $1,426/mo, and annual cash flow is $5,739/yr on $49,725 invested. Return on cash invested sits at 31.45% in year one, and rental yield is 11.41% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 164.98% and total cumulative return in cash sums $82,038. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,426/mo property income rather than buyer’s personal income.

Single Family

Built in 1926

0.37 Acres lot

$N/A/sqft

No HOA