4884 Rainbow LnRapid 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 4884 Rainbow Ln, Rapid City, SD, 57703 priced at $114,900 converts $882/mo rent into $156/mo cash flow after a $562/mo obligation. Total monthly income equals $882/mo, and annual cash flow totals $1,875/yr on $38,089 invested. Return on cash invested prints 24.83% in year one, and rental yield reads 9.21% against a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation compiles into $31,745 by year five. Five-year ROI reaches 129.52% and total cumulative return in cash sums $49,334. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $882/mo property income covering a $562/mo payment, not borrower’s personal income.
Manufactured
Built in 1972
0.34 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: #172055
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.