323 Linden AveVermillionSD57069
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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 323 Linden Ave, Vermillion, SD, 57069 priced at $150,000 converts $1,236/mo rent into $101/mo cash flow after a $734/mo obligation. Total monthly income equals $1,236/mo, and annual cash flow totals $1,213/yr on $49,725 invested. Return on cash invested prints 22.35% in year one, and rental yield reads 9.89% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 117.8% and total cumulative return in cash sums $58,578. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,236/mo property income covering a $734/mo payment, not borrower’s personal income.
Multi Family
Built in 1952
7,405 sqft lot
$N/A/sqft
No HOA
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Listed by: Jessi Hanson • Maloney Real Estate
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #827210
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.