427 Oakmont DrVermillionSD57069
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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 427 Oakmont Dr, Vermillion, SD, 57069 generates $3,061/mo in rent, after a $2,570/mo payment. Total monthly income is $3,061/mo. Return on cash invested sits at 18.27% in year one, and rental yield is 7% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 94.21% and total cumulative return in cash sums $162,729. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,061/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
10,454 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Lori Whitman • Maloney Real Estate
Mls Name: Northwest Iowa Regional BOR
Mls ID: #830020