1408 S Scarlet Oak TrlSioux FallsSD57110
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 Sioux Falls at 1408 S Scarlet Oak Trl, Sioux Falls, SD, 57110 listed at $1,800,000 pairs $2,994/mo rent with a $8,810/mo payment. Total monthly income runs $2,994/mo. Return on cash invested measures 3.12% in year one, and rental yield registers 2% at a $1,800,000 basis. Equity gained on principal adds $11,615/yr, and annual property appreciation at 5% supports $497,307 by year five. Five-year ROI tracks 12.91% and total cumulative return in cash totals $75,299. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,994/mo property income relative to a $8,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
0.53 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: April J Pedersen • Hegg, REALTORS
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22506203