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

Investment Highlights

Investment property for sale in Rapid City at Summit Plan, Shepherd Hills, Rapid City, SD, 57703 offers a 11.13% rental yield on a $328,000 purchase with $3,043/mo rent. Total monthly income registers $3,043/mo, and a $1,605/mo payment leaves $971/mo available for distribution. Annual cash flow reaches $11,647/yr on $108,732 to close, and return on cash invested stands at 30.62% in year one. Equity gained on principal adds $2,117/yr while 5% annual appreciation supports $90,620 over five years. Portfolio math shows five-year ROI at 160.47% and total cumulative return in cash at $174,487. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,043/mo property income against a $1,605/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.