612 NW 8th 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 612 NW 8th St, Madison, SD, 57042 listed at $120,700 pairs $1,883/mo rent with a $591/mo payment to leave $1,120/mo cash flow. Total monthly income runs $1,883/mo, and annual cash flow reaches $13,440/yr on $40,012 cash to close. Return on cash invested measures 53.5% in year one, and rental yield registers 18.72% at a $120,700 basis. Equity gained on principal adds $779/yr, and annual property appreciation at 5% supports $33,347 by year five. Five-year ROI tracks 283.29% and total cumulative return in cash totals $113,351. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,883/mo property income relative to a $591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1909
0.25 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: N/A • N/A
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