31802 458th Ave,Vermillion,SD,57069

Investment Highlights

Investment property for sale in Vermillion at 31802 458th Ave, Vermillion, SD, 57069 offers a 8.58% rental yield on a $329,900 purchase with $2,359/mo rent. Total monthly income registers $2,359/mo, and a $1,615/mo payment leaves $274/mo available for distribution. Annual cash flow reaches $3,287/yr on $109,362 to close, and return on cash invested stands at 22.91% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 119.12% and total cumulative return in cash at $130,275. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,359/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.