111 Church St,Vermillion,SD,57069

Investment Highlights

Rental property for sale in Vermillion at 111 Church St, Vermillion, SD, 57069 priced at $239,900 converts $1,662/mo rent into $146/mo cash flow after a $1,174/mo obligation. Total monthly income equals $1,662/mo, and annual cash flow totals $1,754/yr on $79,527 invested. Return on cash invested prints 22.11% in year one, and rental yield reads 8.31% against a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation compiles into $66,280 by year five. Five-year ROI reaches 114.88% and total cumulative return in cash sums $91,363. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,662/mo property income covering a $1,174/mo payment, not borrower’s personal income.