300 S Park 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 300 S Park Ave, Colton, SD, 57018 with 5% annual appreciation on a $550,000 basis while $990/mo rent supports operations. 58% in year one. Equity gained on principal adds $3,549/yr, and five-year appreciation sums $151,955 alongside rental yield of 2.16%. Five-year ROI measures 15.42% and total cumulative return in cash totals $27,898. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $990/mo property income versus a $2,692/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1969
0.64 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: Sandy McConnell • eXp Realty - Sioux Falls
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22505020