1209 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 1209 E Cherry St, Vermillion, SD, 57069 offers a 10.24% rental yield on a $199,500 purchase with $1,703/mo rent. Total monthly income registers $1,703/mo, and a $976/mo payment leaves $443/mo available for distribution. Annual cash flow reaches $5,313/yr on $66,134 to close, and return on cash invested stands at 27.94% in year one. Equity gained on principal adds $1,287/yr while 5% annual appreciation supports $55,118 over five years. Portfolio math shows five-year ROI at 146.1% and total cumulative return in cash at $96,619. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,703/mo property income against a $976/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
10,800 sqft 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: #828241
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.