202 Prospect 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 202 Prospect St, Vermillion, SD, 57069 with 5% annual appreciation on a $169,900 basis while $1,429/mo rent supports operations. Total monthly income totals $1,429/mo and a $832/mo payment preserves $195/mo for cash returns. Annual cash flow comes to $2,341/yr on $56,322 deployed, and return on cash invested reaches 24.06% in year one. Equity gained on principal adds $1,096/yr, and five-year appreciation sums $46,940 alongside rental yield of 10.09%. Five-year ROI measures 126.63% and total cumulative return in cash totals $71,318.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,429/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1897
6,534 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori Whitman • Maloney Real Estate
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #830107
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.