47505 284th StCantonSD57013
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
Investment Highlights
Rental property for sale in Canton at 47505 284th St, Canton, SD, 57013 generates $2,386/mo in rent, after a $2,484/mo payment. Total monthly income is $2,386/mo. Return on cash invested sits at 14.16% in year one, and rental yield is 5.64% on a $507,500 entry. Equity gained on principal adds $3,275/yr, while 5% annual appreciation builds toward $140,213 over five years. Five-year ROI reaches 72.14% and total cumulative return in cash sums $120,454. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,386/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
4.90 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A