721 Diamond Ridge Blvd, Rapid City, SD, 57703 | $323/mo Cash Flow

For Sale

Listed for sale 2 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Rapid City at 721 Diamond Ridge Blvd, Rapid City, SD, 57703 listed at $369,900 pairs $2,660/mo rent with a $1,810/mo payment to leave $323/mo cash flow. Total monthly income runs $2,660/mo, and annual cash flow reaches $3,875/yr on $122,622 cash to close. Return on cash invested measures 23.07% in year one, and rental yield registers 8.63% at a $369,900 basis. Equity gained on principal adds $2,387/yr, and annual property appreciation at 5% supports $102,197 by year five. Five-year ROI tracks 119.94% and total cumulative return in cash totals $147,070. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,660/mo property income relative to a $1,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2021

0.30 Acres lot

$N/A/sqft

No HOA