5009 Elmer StRapid CitySD57703








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


Investment Highlights
Investment property for sale in Rapid City at 5009 Elmer St, Rapid City, SD, 57703 listed at $374,900 pairs $2,464/mo rent with a $1,835/mo payment to leave $95/mo cash flow. Total monthly income runs $2,464/mo, and annual cash flow reaches $1,137/yr on $124,279 cash to close. Return on cash invested measures 20.82% in year one, and rental yield registers 7.89% at a $374,900 basis. Equity gained on principal adds $2,419/yr, and annual property appreciation at 5% supports $103,578 by year five. Five-year ROI tracks 107.91% and total cumulative return in cash totals $134,107. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,464/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
9,583 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Daneen Jacquot-Kulmala • South Dakota Properties
Mls Name: Mount Rushmore Area AOR
Mls ID: #86841








