2700 Vermillion CirTeaSD57064
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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 Tea at 2700 Vermillion Cir, Tea, SD, 57064 generates $1,814/mo in rent, after a $3,196/mo payment. Total monthly income is $1,814/mo. Return on cash invested sits at 7.14% in year one, and rental yield is 3.33% on a $652,900 entry. Equity gained on principal adds $4,213/yr, while 5% annual appreciation builds toward $180,384 over five years. Five-year ROI reaches 34.52% and total cumulative return in cash sums $74,148. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,814/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57064, Tea, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,630 (100%) |
| Owner Occupied HU | 1,755 (66.7%) |
| Renter Occupied HU | 743 (28.3%) |
| Vacant Housing Units | 132 ( 5.0%) |
| Median Home Value | $346,875 |
| Average Home Value | $371,044 |
Housing Distribution
Address Breakdown
Residential
3,020
Single Family
2,966
Multi-Family
54
Businesses
369
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Listed by: Mandy Husby • Midwest Realty
Mls Name: BHHS broker feed
Mls ID: #22508933