Schult Ramsey 215 Plan, Rapid City South DakotaBlack HawkSD57718
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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 Black Hawk at Schult Ramsey 215 Plan, Rapid City South Dakota, Black Hawk, SD, 57718 offers $825/mo rent that, after a $519/mo payment, leaves $155/mo cash flow. Total monthly income is $825/mo, and annual cash flow is $1,859/yr on $35,139 cash. Return on cash invested measures 25.2% in year one, and rental yield stands at 9.34% at a $106,000 entry. Equity gained on principal adds $684/yr while 5% annual appreciation compounds into $29,286 by year five. Five-year ROI records 131.42% and total cumulative return in cash reaches $46,180. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $825/mo property income versus a $519/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57718, Black Hawk, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,174 (100%) |
| Owner Occupied HU | 2,560 (80.7%) |
| Renter Occupied HU | 467 (14.7%) |
| Vacant Housing Units | 147 ( 4.6%) |
| Median Home Value | $311,684 |
| Average Home Value | $333,230 |
Housing Distribution
Address Breakdown
Residential
2,850
Single Family
2,850
Multi-Family
0
Businesses
261
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Listed by: N/A • Liechty Homes
Mls Name: Liechty Homes
Mls ID: #N/A