1210 Madison 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
Investment property for sale in Vermillion at 1210 Madison St, Vermillion, SD, 57069 with 5% annual appreciation on a $299,000 basis while $2,196/mo rent supports operations. Total monthly income totals $2,196/mo and a $1,463/mo payment preserves $269/mo for cash returns. Annual cash flow comes to $3,223/yr on $99,119 deployed, and return on cash invested reaches 23.16% in year one. Equity gained on principal adds $1,929/yr, and five-year appreciation sums $82,608 alongside rental yield of 8.81%. Five-year ROI measures 120.63% and total cumulative return in cash totals $119,566.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,196/mo property income versus a $1,463/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
7,719 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: #829027
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.