651 N 5th AveCanistotaSD57012
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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 Canistota at 651 N 5th Ave, Canistota, SD, 57012 listed at $124,700 pairs $1,506/mo rent with a $610/mo payment to leave $718/mo cash flow. Total monthly income runs $1,506/mo, and annual cash flow reaches $8,620/yr on $41,338 cash to close. Return on cash invested measures 40.76% in year one, and rental yield registers 14.49% at a $124,700 basis. Equity gained on principal adds $805/yr, and annual property appreciation at 5% supports $34,452 by year five. Five-year ROI tracks 214.92% and total cumulative return in cash totals $88,843. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,506/mo property income relative to a $610/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1895
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57012, Canistota, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 581 (100%) |
| Owner Occupied HU | 446 (76.8%) |
| Renter Occupied HU | 68 (11.7%) |
| Vacant Housing Units | 67 (11.5%) |
| Median Home Value | $250,000 |
| Average Home Value | $320,090 |
Housing Distribution
Address Breakdown
Residential
339
Single Family
339
Multi-Family
0
Businesses
40
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Listed by: N/A • N/A
Mls Name: EXIT Realty broker feed
Mls ID: #22504653