1249 N Marion Rd #1Sioux FallsSD57107
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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 1249 N Marion Rd #1, Sioux Falls, SD, 57107 uses $87,350 cash to close to unlock $2,526/yr annual cash flow and $211/mo monthly cash flow. Total monthly income runs $2,096/mo, and a $1,290/mo payment keeps the spread at $211/mo. Purchase price stands at $263,500, and rental yield measures 9.55% with $2,096/mo rent. Return on cash invested shows 22.8% in year one, and 5% annual appreciation builds toward $72,800 over five years. Five-year ROI reaches 119.63% and total cumulative return in cash records $104,496. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,096/mo property income covering a $1,290/mo payment rather than investor’s personal income.
Condo
Built in 2022
N/A lot
$N/A/sqft
$220 monthly HOA
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Listed by: Rhonda L Rentz • Signature Real Estate & Development Services L.L.C.
Mls Name: Realtor Association of the Sioux Empire
Mls Provider:
Mls ID: #22408251
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