6486 Receda StRapid 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 6486 Receda St, Rapid City, SD, 57703 generates $2,501/mo in rent and, after a $1,908/mo payment, leaves $37/mo in cash flow. Total monthly income is $2,501/mo, and annual cash flow is $449/yr on $129,252 invested. Return on cash invested sits at 20.26% in year one, and rental yield is 7.7% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 104.89% and total cumulative return in cash sums $135,577. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,501/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
10,018 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Forrest D Thompson • RE/MAX ADVANTAGE
Mls Name: Black Hills AOR
Mls Provider:
Mls ID: #171567
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.