4330 W Main St APT 16BRapid CitySD57702
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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
Investment property for sale in Rapid City at 4330 W Main St APT 16B, Rapid City, SD, 57702 earns $412/mo cash flow from $1,801/mo rent with a $1,076/mo payment. Total monthly income totals $1,801/mo, and annual cash flow totals $4,940/yr on $72,897 capital. ROI tracks 26.69% on current figures, and rental yield reads 9.83% at a $219,900 purchase. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 over five years. Five-year ROI reaches 139.37% and total cumulative return in cash sums $101,596. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,801/mo property income instead of your personal income.
Townhouse
Built in 1973
1,742 sqft 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
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Listed by: JERI PERRETT • THE REAL ESTATE GROUP, INC.
Mls Name: Black Hills AOR
Mls ID: #176872