1215 1/2 E Cherry 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 1215 1/2 E Cherry St, Vermillion, SD, 57069 uses $76,212 cash to close to unlock $2,153/yr annual cash flow and $179/mo monthly cash flow. Total monthly income runs $1,632/mo, and a $1,125/mo payment keeps the spread at $179/mo. Purchase price stands at $229,900, and rental yield measures 8.52% with $1,632/mo rent. Return on cash invested shows 22.73% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 118.19% and total cumulative return in cash records $90,071. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,632/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.33 Acres lot
$N/A/sqft
No HOA
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Listed by: Barbara Iacino • Dakota Realty
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828242
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.