1026-1116 Cornell StVermillionSD57069
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Vermillion at 1026-1116 Cornell St, Vermillion, SD, 57069 projects strong ROI of -2.21%. Rental yield 0.56%. With 5% annual appreciation, the property builds $966,985 in value over five years. Equity growth combined delivers a projected five-year ROI of 1.09%, translating into $10,821 in total cumulative return on $988,750 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0.6% | 4.2% |
| Monthly Cash Flow | $(20,486) | $450 |
City averages based on Vermillion market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,632 |
| Total Monthly Debt Service | $20,726 |
| DSCR Ratio | 0.08x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 2005
1.57 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
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
Multi Family
Built in 2005
1.57 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Lori Whitman • Maloney Real Estate
Mls Name: Northwest Iowa Regional BOR
Mls ID: #830378