Canyon Plan, Shepherd Hills,Rapid City,SD,57703

Investment Highlights

Rental property for sale in Rapid City at Canyon Plan, Shepherd Hills, Rapid City, SD, 57703 offers $2,941/mo rent that, after a $1,527/mo payment, leaves $969/mo cash flow. Total monthly income is $2,941/mo, and annual cash flow is $11,633/yr on $103,428 cash. Return on cash invested measures 31.16% in year one, and rental yield stands at 11.31% at a $312,000 entry. Equity gained on principal adds $2,013/yr while 5% annual appreciation compounds into $86,200 by year five. Five-year ROI records 163.35% and total cumulative return in cash reaches $168,947. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,941/mo property income versus a $1,527/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.