209 N Bridge StCantonSD57013
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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
Rental property for sale in Canton at 209 N Bridge St, Canton, SD, 57013 offers $2,059/mo rent that, after a $1,382/mo payment, leaves $275/mo cash flow. Total monthly income is $2,059/mo, and annual cash flow is $3,297/yr on $93,582 cash. Return on cash invested measures 23.43% in year one, and rental yield stands at 8.75% at a $282,300 entry. Equity gained on principal adds $1,822/yr while 5% annual appreciation compounds into $77,994 by year five. Five-year ROI records 121.92% and total cumulative return in cash reaches $114,095. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,059/mo property income versus a $1,382/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57013, Canton, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,960 (100%) |
| Owner Occupied HU | 1,431 (73.0%) |
| Renter Occupied HU | 403 (20.6%) |
| Vacant Housing Units | 126 ( 6.4%) |
| Median Home Value | $338,682 |
| Average Home Value | $356,578 |
Housing Distribution
Address Breakdown
Residential
1,830
Single Family
1,718
Multi-Family
112
Businesses
192
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Listed by: N/A • N/A
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