1427 N Conifer PlSioux FallsSD57107
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1427 N Conifer Pl, Sioux Falls, SD, 57107 in Sioux Falls carries a 1.53 coverage ratio, rent of $1,346/mo is 1.53 times the $877/mo payment. Rental yield 8.29%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $195,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $53,875; total projected cumulative return: $81,409.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.8% |
| Monthly Cash Flow | $(161) | $450 |
City averages based on Sioux Falls market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,346 |
| Total Monthly Debt Service | $1,155 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2006
4,464 sqft lot
$N/A/sqft
No HOA
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
Condo
Built in 2006
4,464 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dana L Fisher • Grand Sothebys International Realty
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22600452