1203 E Cherry StVermillionSD57069
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Vermillion at 1203 E Cherry St, Vermillion, SD, 57069 at $199,500 posts ROI 30.95% with $609/mo cash flow from $1,944/mo rent. Total monthly income equals $1,944/mo, and annual cash flow records $7,305/yr on $66,134 to close. Return on cash invested measures 30.95% and rental yield reads 11.69% at the current $199,500. Equity gained on principal adds $1,287/yr, and 5% annual appreciation supports $55,118 by year five. Five-year ROI prints 162.73% and total cumulative return in cash totals $107,623.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,944/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
0.35 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Barbara Iacino • Dakota Realty
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828240
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.