942 Ridgecrest 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
Investment property for sale in Vermillion at 942 Ridgecrest Dr, Vermillion, SD, 57069 listed at $329,000 pairs $1,718/mo rent with a $1,610/mo payment. Total monthly income runs $1,718/mo. Return on cash invested measures 15.94% in year one, and rental yield registers 6.27% at a $329,000 basis. Equity gained on principal adds $2,123/yr, and annual property appreciation at 5% supports $90,897 by year five. Five-year ROI tracks 81.75% and total cumulative return in cash totals $89,157. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,718/mo property income relative to a $1,610/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
0.26 Acres lot
$N/A/sqft
No HOA
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Listed by: Kelly Mckelvey • Premier Real Estate and Property Management
Mls Name: Northwest Iowa Regional BOR
Mls ID: #829079