18 W Bloomingdale 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
Rental property for sale in Vermillion at 18 W Bloomingdale St, Vermillion, SD, 57069 priced at $197,500 converts $1,513/mo rent into $242/mo cash flow after a $967/mo obligation. Total monthly income equals $1,513/mo, and annual cash flow totals $2,908/yr on $65,471 invested. Return on cash invested prints 24.35% in year one, and rental yield reads 9.19% against a $197,500 entry. Equity gained on principal adds $1,274/yr, while 5% annual appreciation compiles into $54,566 by year five. Five-year ROI reaches 127.02% and total cumulative return in cash sums $83,163. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,513/mo property income covering a $967/mo payment, not borrower’s personal income.
Single Family
Built in 1931
5,500 sqft lot
$N/A/sqft
No HOA
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Listed by: Glynis Erickson • Dakota Realty
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #827987
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.