110 S Caley PlSioux FallsSD57110
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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 Sioux Falls at 110 S Caley Pl, Sioux Falls, SD, 57110 uses $38,089 cash to close to unlock $12,339/yr annual cash flow and $1,028/mo monthly cash flow. Total monthly income runs $2,154/mo, and a $562/mo payment keeps the spread at $1,028/mo. Purchase price stands at $114,900, and rental yield measures 22.5% with $2,154/mo rent. Return on cash invested shows 52.3% in year one, and 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 281.38% and total cumulative return in cash records $107,174. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,154/mo property income covering a $562/mo payment rather than investor’s personal income.
Manufactured
Built in 2000
N/A lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57110, Sioux Falls, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,693 (100%) |
| Owner Occupied HU | 6,361 (54.4%) |
| Renter Occupied HU | 3,976 (34.0%) |
| Vacant Housing Units | 1,356 (11.6%) |
| Median Home Value | $383,363 |
| Average Home Value | $454,672 |
Housing Distribution
Address Breakdown
Residential
11,428
Single Family
9,016
Multi-Family
2,412
Businesses
339
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Listed by: Lisa Chadwell • Ekholm Team Real Estate
Mls Name: Realtor Association of the Sioux Empire
Mls Provider:
Mls ID: #22406585
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but not guaranteed. Copyright 2024 REALTOR Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.