4368 Katy Ct #40,Rapid City,SD,57703

Investment Highlights

Investment property for sale in Rapid City at 4368 Katy Ct #40, Rapid City, SD, 57703 listed at $189,900 pairs $2,394/mo rent with a $929/mo payment to leave $1,194/mo cash flow. Total monthly income runs $2,394/mo, and annual cash flow reaches $14,333/yr on $62,952 cash to close. Return on cash invested measures 42.68% in year one, and rental yield registers 15.13% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 225.15% and total cumulative return in cash totals $141,737. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,394/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).