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

Investment Highlights

Investment property for sale in Rapid City at Canyon Plan, Shepherd Hills, Rapid City, SD, 57703 offers a 8.79% rental yield on a $348,140 purchase with $2,550/mo rent. Total monthly income registers $2,550/mo, and a $1,704/mo payment leaves $350/mo available for distribution. Annual cash flow reaches $4,199/yr on $115,408 to close, and return on cash invested stands at 23.55% in year one. Equity gained on principal adds $2,246/yr while 5% annual appreciation supports $96,185 over five years. Portfolio math shows five-year ROI at 122.51% and total cumulative return in cash at $141,390. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,550/mo property income against a $1,704/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.