421 W 7th 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 421 W 7th St, Canton, SD, 57013 earns $240/mo cash flow from $1,440/mo rent with a $929/mo payment. Total monthly income totals $1,440/mo, and annual cash flow totals $2,885/yr on $62,952 capital. ROI tracks 24.49% on current figures, and rental yield reads 9.1% at a $189,900 purchase. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 over five years. Five-year ROI reaches 127.63% and total cumulative return in cash sums $80,345. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,440/mo property income instead of your personal income.
Single Family
Built in 1889
7,021 sqft 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: Melissa S Merchant • eXp Realty
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22507573