1205 NE 11th StMadisonSD57042
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 Madison at 1205 NE 11th St, Madison, SD, 57042 earns $496/mo cash flow from $2,327/mo rent with a $1,418/mo payment. Total monthly income totals $2,327/mo, and annual cash flow totals $5,952/yr on $96,069 capital. ROI tracks 26.1% on current figures, and rental yield reads 9.64% at a $289,800 purchase. Equity gained on principal adds $1,870/yr, and 5% annual appreciation supports $80,066 over five years. Five-year ROI reaches 136.28% and total cumulative return in cash sums $130,921. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,327/mo property income instead of your personal income.
Townhouse
Built in 2023
5,588 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57042, Madison, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,815 (100%) |
| Owner Occupied HU | 2,199 (57.6%) |
| Renter Occupied HU | 1,148 (30.1%) |
| Vacant Housing Units | 468 (12.3%) |
| Median Home Value | $220,717 |
| Average Home Value | $283,514 |
Housing Distribution
Address Breakdown
Residential
3,797
Single Family
3,369
Multi-Family
428
Businesses
377
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Nearby investment properties with comparable prices
Listed by: Lori A Hansen • Signature Realty Group LLC
Mls Name: Realtor Association of the Sioux Empire
Mls Provider:
Mls ID: #22408269
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