6111 Dakota AveMadisonSD57042
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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
Total monthly income runs $1,080/mo, and a $3,279/mo payment. Purchase price stands at $669,900, and rental yield measures 1.93% with $1,080/mo rent. Return on cash invested shows 2.89% in year one, and 5% annual appreciation builds toward $185,081 over five years. Five-year ROI reaches 11.72% and total cumulative return in cash records $25,833. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,080/mo property income covering a $3,279/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.33 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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Listed by: Adam P Foland • EXIT Realty Advantage
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22506990