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

Investment Highlights

Rental property for sale in Rapid City at Summit Plan, Shepherd Hills, Rapid City, SD, 57703 offers $2,550/mo rent that, after a $1,870/mo payment, leaves $135/mo cash flow. Total monthly income is $2,550/mo, and annual cash flow is $1,626/yr on $126,676 cash. Return on cash invested measures 21.19% in year one, and rental yield stands at 8.01% at a $382,130 entry. Equity gained on principal adds $2,466/yr while 5% annual appreciation compounds into $105,575 by year five. Five-year ROI records 109.9% and total cumulative return in cash reaches $139,221. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,550/mo property income versus a $1,870/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.