209 S Merrill StChamberlainSD57325
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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 Chamberlain at 209 S Merrill St, Chamberlain, SD, 57325 priced at $194,900 pairs $1,548/mo rent with $316/mo cash flow after a $954/mo payment. Total monthly income equals $1,548/mo, and annual cash flow comes to $3,795/yr on $64,609 invested. Return on cash invested is 25.78% in year one, and rental yield stands at 9.53% on a $194,900 basis. Equity gained on principal adds $1,258/yr, and 5% annual appreciation accumulates to $53,847 by year five. Five-year ROI measures 134.55% and total cumulative return in cash reaches $86,931. For financing, Ziffy Mortgage’s DSCR program evaluates $1,548/mo property income against a $954/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
6,825 sqft lot
$N/A/sqft
No HOA
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Listed by: Jeannine S Hickey Reuer • Chamberlain Real Estate Professionals LLC
Mls Name: My State MLS
Mls ID: #11277460