123 N Jefferson AveMadisonSD57042
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 123 N Jefferson Ave, Madison, SD, 57042 at $119,875 posts ROI 29.64% with $322/mo cash flow from $1,080/mo rent. Total monthly income equals $1,080/mo, and annual cash flow records $3,866/yr on $39,739 to close. Return on cash invested measures 29.64% and rental yield reads 10.81% at the current $119,875. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,119 by year five. Five-year ROI prints 155.28% and total cumulative return in cash totals $61,708.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,080/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1929
8,820 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: Christopher H Fellerman • Signature Realty Group LLC
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22508775