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

Investment Highlights

Rental property for sale in Rapid City at Ponderosa Plan, Shepherd Hills, Rapid City, SD, 57703 generates $2,386/mo in rent and, after a $1,292/mo payment, leaves $718/mo in cash flow. Total monthly income is $2,386/mo, and annual cash flow is $8,614/yr on $87,516 invested. Return on cash invested sits at 29.75% in year one, and rental yield is 10.85% on a $264,000 entry. Equity gained on principal adds $1,704/yr, while 5% annual appreciation builds toward $72,938 over five years. Five-year ROI reaches 155.79% and total cumulative return in cash sums $136,345. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,386/mo property income rather than buyer’s personal income.