4020 Sherry CtRapid CitySD57703
INVESTMENT ANALYSIS
Investment Verdict
Solid Income4020 Sherry Ct, Rapid City, SD, 57703 in Rapid City earns a respectable 8.26% gross yield at $344,900, but after the $1,551/mo mortgage the net cash flow is $195/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.53) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $95,290 over five years, making equity the dominant return driver. Total projected return: $143,556.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.8% |
| Monthly Cash Flow | $195 | $1,250 |
City averages based on Rapid City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,375 |
| Total Monthly Debt Service | $2,042 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1986
8,276 sqft lot
$N/A/sqft
No HOA
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
Single Family
Built in 1986
8,276 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MARNIE A MUFFAT • SUN REAL ESTATE
Mls Name: Black Hills AOR
Mls ID: #174289