321 W Duke 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
Rental property for sale in Vermillion at 321 W Duke St, Vermillion, SD, 57069 priced at $241,000 converts $1,238/mo rent into after a $1,180/mo obligation. Total monthly income equals $1,238/mo. Return on cash invested prints 15.45% in year one, and rental yield reads 6.16% against a $241,000 entry. Equity gained on principal adds $1,555/yr, while 5% annual appreciation compiles into $66,584 by year five. Five-year ROI reaches 79.22% and total cumulative return in cash sums $63,292. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,238/mo property income covering a $1,180/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.27 Acres lot
$N/A/sqft
No HOA
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Listed by: Marceta Claypool • Century 21 ProLink
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828142
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.