217 N Perry AveColmanSD57017
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Colman rental at 217 N Perry Ave, Colman, SD, 57017 sits in the solid-income band: 12.45% gross yield, $1,177/mo rent, $428/mo net after the $510/mo debt service, DSCR 2.31. Entry price of $113,500 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $31,358 and $1,045/yr in principal reduction bring total cumulative return to $70,834.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.5% | 6.2% |
| Monthly Cash Flow | $428 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,177 |
| Total Monthly Debt Service | $704 |
| DSCR Ratio | 1.67x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1920
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57017, Colman, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 571 (100%) |
| Owner Occupied HU | 441 (77.2%) |
| Renter Occupied HU | 80 (14.0%) |
| Vacant Housing Units | 50 ( 8.8%) |
| Median Home Value | $310,938 |
| Average Home Value | $363,390 |
Housing Distribution
Address Breakdown
Residential
446
Single Family
419
Multi-Family
27
Businesses
33
Nearby investment properties with comparable rents
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
Single Family
Built in 1920
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57017, Colman, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 571 (100%) |
| Owner Occupied HU | 441 (77.2%) |
| Renter Occupied HU | 80 (14.0%) |
| Vacant Housing Units | 50 ( 8.8%) |
| Median Home Value | $310,938 |
| Average Home Value | $363,390 |
Housing Distribution
Address Breakdown
Residential
446
Single Family
419
Multi-Family
27
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori A Hansen • Signature Realty Group LLC
Mls Name: Realtor Association of the Sioux Empire
Mls Provider:
Mls ID: #22505799
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