215 12th 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 215 12th St, Vermillion, SD, 57069 offers a 11.21% rental yield on a $134,900 purchase with $1,260/mo rent. Total monthly income registers $1,260/mo, and a $660/mo payment leaves $408/mo available for distribution. Annual cash flow reaches $4,893/yr on $44,719 to close, and return on cash invested stands at 30.85% in year one. Equity gained on principal adds $870/yr while 5% annual appreciation supports $37,270 over five years. Portfolio math shows five-year ROI at 161.71% and total cumulative return in cash at $72,317. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,260/mo property income against a $660/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1927
6,969 sqft lot
$N/A/sqft
No HOA
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Listed by: Jana Mart • Dakota Realty
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #827838
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.