650 Solomon CtRapid 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
Investment property for sale in Rapid City at 650 Solomon Ct, Rapid City, SD, 57703 listed at $679,000 pairs $4,121/mo rent with a $3,323/mo payment. Total monthly income runs $4,121/mo. Return on cash invested measures 19.15% in year one, and rental yield registers 7.28% at a $679,000 basis. Equity gained on principal adds $4,381/yr, and annual property appreciation at 5% supports $187,595 by year five. Five-year ROI tracks 98.91% and total cumulative return in cash totals $220,967. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,121/mo property income relative to a $3,323/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in 2022
0.28 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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