500 Canyon AveGarretsonSD57030
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 Garretson at 500 Canyon Ave, Garretson, SD, 57030 earns from $1,920/mo rent with a $1,957/mo payment. Total monthly income totals $1,920/mo. ROI tracks 14.42% on current figures, and rental yield reads 5.76% at a $399,900 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 over five years. Five-year ROI reaches 73.58% and total cumulative return in cash sums $97,544. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.
Single Family
Built in 1910
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57030, Garretson, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,255 (100%) |
| Owner Occupied HU | 1,023 (81.5%) |
| Renter Occupied HU | 162 (12.9%) |
| Vacant Housing Units | 70 ( 5.6%) |
| Median Home Value | $413,202 |
| Average Home Value | $478,326 |
Housing Distribution
Address Breakdown
Residential
1,054
Single Family
1,038
Multi-Family
16
Businesses
66
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Galen A Schoffelman • Berkshire Hathaway HomeServices Midwest Realty - Sioux Falls
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22506593