45520 226th StMadisonSD57042
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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 Madison at 45520 226th St, Madison, SD, 57042 listed at $198,600 pairs $1,080/mo rent with a $972/mo payment. Total monthly income runs $1,080/mo. Return on cash invested measures 16.72% in year one, and rental yield registers 6.53% at a $198,600 basis. Equity gained on principal adds $1,282/yr, and annual property appreciation at 5% supports $54,870 by year five. Five-year ROI tracks 85.89% and total cumulative return in cash totals $56,544. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,080/mo property income relative to a $972/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57042, Madison, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,815 (100%) |
| Owner Occupied HU | 2,199 (57.6%) |
| Renter Occupied HU | 1,148 (30.1%) |
| Vacant Housing Units | 468 (12.3%) |
| Median Home Value | $220,717 |
| Average Home Value | $283,514 |
Housing Distribution
Address Breakdown
Residential
3,797
Single Family
3,369
Multi-Family
428
Businesses
377
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Listed by: Mike Girard • Girard Auction & Land Brokers, Inc.
Mls Name: My State MLS
Mls ID: #11453109