24799 457th AveColtonSD57018
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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 Colton at 24799 457th Ave, Colton, SD, 57018 listed at $239,900 pairs $1,392/mo rent with a $1,174/mo payment. Total monthly income runs $1,392/mo. Return on cash invested measures 18.04% in year one, and rental yield registers 6.96% at a $239,900 basis. Equity gained on principal adds $1,548/yr, and annual property appreciation at 5% supports $66,280 by year five. Five-year ROI tracks 93.03% and total cumulative return in cash totals $73,987. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,392/mo property income relative to a $1,174/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57018, Colton, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 612 (100%) |
| Owner Occupied HU | 488 (79.7%) |
| Renter Occupied HU | 90 (14.7%) |
| Vacant Housing Units | 34 ( 5.6%) |
| Median Home Value | $347,059 |
| Average Home Value | $390,266 |
Housing Distribution
Address Breakdown
Residential
533
Single Family
527
Multi-Family
6
Businesses
31
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Listed by: Sacha K Picotte • RE/MAX Professionals Inc
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22507408