5439 Meadowlark DrRapid CitySD57702
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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 5439 Meadowlark Dr, Rapid City, SD, 57702 offers a 5.28% rental yield on a $589,000 purchase with $2,590/mo rent. 05% in year one. Equity gained on principal adds $3,801/yr while 5% annual appreciation supports $162,730 over five years. Portfolio math shows five-year ROI at 66.19% and total cumulative return in cash at $128,270. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,590/mo property income against a $2,883/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.47 Acres 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: Henry Ulrich • Ascend Realty
Mls Name: Mount Rushmore Area AOR
Mls Provider:
Mls ID: #86567
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