319 N Broadway 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
Investment property for sale in Canton at 319 N Broadway St, Canton, SD, 57013 offers a 3.56% rental yield on a $486,000 purchase with $1,440/mo rent. 76% in year one. Equity gained on principal adds $3,136/yr while 5% annual appreciation supports $134,273 over five years. Portfolio math shows five-year ROI at 37.86% and total cumulative return in cash at $60,988. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,440/mo property income against a $2,379/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1919
0.33 Acres 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: Barb J Fossum • Hegg, REALTORS
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22509048