302 Elm 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 302 Elm St, Vermillion, SD, 57069 with 5% annual appreciation on a $159,000 basis while $1,428/mo rent supports operations. Total monthly income totals $1,428/mo and a $778/mo payment preserves $423/mo for cash returns. Annual cash flow comes to $5,081/yr on $52,709 deployed, and return on cash invested reaches 29.55% in year one. Equity gained on principal adds $1,026/yr, and five-year appreciation sums $43,929 alongside rental yield of 10.78%. Five-year ROI measures 154.77% and total cumulative return in cash totals $81,576.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,428/mo property income versus a $778/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1897
6,534 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Michelle Maloney • Maloney Real Estate
Mls Name: Northwest Iowa Regional BOR
Mls ID: #830786