509 N Division AveMadisonSD57042
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Nearby investment properties with comparable prices
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 509 N Division Ave, Madison, SD, 57042 earns $10/mo cash flow from $1,558/mo rent with a $1,199/mo payment. Total monthly income totals $1,558/mo, and annual cash flow totals $118/yr on $81,218 capital. ROI tracks 20.05% on current figures, and rental yield reads 7.63% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 103.8% and total cumulative return in cash sums $84,300. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,558/mo property income instead of your personal income.
Single Family
Built in 1964
0.32 Acres 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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