103 Franklin StVermillionSD57069
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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 Vermillion at 103 Franklin St, Vermillion, SD, 57069 priced at $109,900 converts $1,097/mo rent into $386/mo cash flow after a $538/mo obligation. Total monthly income equals $1,097/mo, and annual cash flow totals $4,632/yr on $36,432 invested. Return on cash invested prints 32.62% in year one, and rental yield reads 11.98% against a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation compiles into $30,363 by year five. Five-year ROI reaches 171.36% and total cumulative return in cash sums $62,428. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,097/mo property income covering a $538/mo payment, not borrower’s personal income.
Single Family
Built in 1890
6,534 sqft lot
$N/A/sqft
No HOA
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Listed by: Kelly McKelvey • Premier Real Estate and Property Management
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #829811
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.