718 East BlvdRapid CitySD57701
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 718 East Blvd, Rapid City, SD, 57701 earns $89/mo cash flow from $1,606/mo rent with a $1,175/mo payment. Total monthly income totals $1,606/mo, and annual cash flow totals $1,068/yr on $79,560 capital. ROI tracks 21.25% on current figures, and rental yield reads 8.03% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 110.2% and total cumulative return in cash sums $87,674. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,606/mo property income instead of your personal income.
Multi Family
Built in 1917
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57701, Rapid City, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,911 (100%) |
| Owner Occupied HU | 11,148 (48.7%) |
| Renter Occupied HU | 10,021 (43.7%) |
| Vacant Housing Units | 1,742 ( 7.6%) |
| Median Home Value | $286,770 |
| Average Home Value | $316,857 |
Housing Distribution
Address Breakdown
Residential
20,368
Single Family
16,786
Multi-Family
3,582
Businesses
2,132
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Listed by: Dante Colicheski • Black Hills SD Realty
Mls Name: Mount Rushmore Area AOR
Mls Provider:
Mls ID: #81663
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