48048 281st 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
Investment property for sale in Canton at 48048 281st St, Canton, SD, 57013 listed at $599,900 pairs $1,440/mo rent with a $2,936/mo payment. Total monthly income runs $1,440/mo. Return on cash invested measures 5.77% in year one, and rental yield registers 2.88% at a $599,900 basis. Equity gained on principal adds $3,871/yr, and annual property appreciation at 5% supports $165,741 by year five. Five-year ROI tracks 27.16% and total cumulative return in cash totals $53,608. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,440/mo property income relative to a $2,936/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
5.06 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: Cindy D Petri • Keller Williams Realty Sioux Falls
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22504674