8712 Morris LnRapid 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 8712 Morris Ln, Rapid City, SD, 57703 priced at $210,000 pairs $1,668/mo rent with $341/mo cash flow after a $1,028/mo payment. Total monthly income equals $1,668/mo, and annual cash flow comes to $4,089/yr on $69,615 invested. Return on cash invested is 25.78% in year one, and rental yield stands at 9.53% on a $210,000 basis. Equity gained on principal adds $1,355/yr, and 5% annual appreciation accumulates to $58,019 by year five. Five-year ROI measures 134.51% and total cumulative return in cash reaches $93,640. For financing, Ziffy Mortgage’s DSCR program evaluates $1,668/mo property income against a $1,028/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1975
1 Acres lot
$N/A/sqft
No HOA
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Listed by: Tiffany Davis • Keller Williams Realty Black Hills SP
Mls Name: Mount Rushmore Area AOR
Mls Provider:
Mls ID: #81751
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