818 West BlvdRapid CitySD57701
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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 818 West Blvd, Rapid City, SD, 57701 at $500,000 posts ROI 10.63% with from $1,878/mo rent. Total monthly income equals $1,878/mo. Return on cash invested measures 10.63% and rental yield reads 4.51% at the current $500,000. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 by year five. Five-year ROI prints 53.27% and total cumulative return in cash totals $88,292. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,878/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1914
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: Faith Mcrae • COLDWELL BANKER BLACK HILLS LEGACY
Mls Name: Black Hills AOR
Mls Provider:
Mls ID: #170250
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.