302 S Plum 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 S Plum St, Vermillion, SD, 57069 listed at $259,000 pairs $1,376/mo rent with a $1,268/mo payment. Total monthly income runs $1,376/mo. Return on cash invested measures 16.26% in year one, and rental yield registers 6.38% at a $259,000 basis. Equity gained on principal adds $1,671/yr, and annual property appreciation at 5% supports $71,557 by year five. Five-year ROI tracks 83.44% and total cumulative return in cash totals $71,644. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,376/mo property income relative to a $1,268/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1958
0.27 Acres lot
$N/A/sqft
No HOA
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Listed by: Glynis Erickson • Dakota Realty
Mls Name: Northwest Iowa Regional BOR
Mls ID: #831287