9111 Valley Rd NWRapid CityMI49676
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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 9111 Valley Rd NW, Rapid City, MI, 49676 earns $1,124/mo cash flow from $2,245/mo rent with a $832/mo payment. Total monthly income totals $2,245/mo, and annual cash flow totals $13,488/yr on $56,355 capital. ROI tracks 43.84% on current figures, and rental yield reads 15.85% at a $170,000 purchase. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 over five years. Five-year ROI reaches 231.71% and total cumulative return in cash sums $130,581. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,245/mo property income instead of your personal income.
Single Family
Built in 1986
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49676, Rapid City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,806 (100%) |
| Owner Occupied HU | 1,517 (54.1%) |
| Renter Occupied HU | 207 ( 7.4%) |
| Vacant Housing Units | 1,082 (38.6%) |
| Median Home Value | $282,477 |
| Average Home Value | $414,029 |
Housing Distribution
Address Breakdown
Residential
1,828
Single Family
1,828
Multi-Family
0
Businesses
75
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Listed by: James Garrow • Bayside Real Estate
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1922202
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2024 Northern Great Lakes REALTORS MLS. All Rights Reserved.