1805 S Sertoma Ave UNIT 105Sioux FallsSD57106
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 1805 S Sertoma Ave UNIT 105, Sioux Falls, SD, 57106 listed at $214,000 pairs $1,171/mo rent with a $1,047/mo payment. Total monthly income runs $1,171/mo. Return on cash invested measures 16.85% in year one, and rental yield registers 6.57% at a $214,000 basis. Equity gained on principal adds $1,381/yr, and annual property appreciation at 5% supports $59,124 by year five. Five-year ROI tracks 86.66% and total cumulative return in cash totals $61,475. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,171/mo property income relative to a $1,047/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1996
5,684 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57106, Sioux Falls, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,609 (100%) |
| Owner Occupied HU | 12,891 (57.0%) |
| Renter Occupied HU | 8,716 (38.6%) |
| Vacant Housing Units | 1,002 ( 4.4%) |
| Median Home Value | $305,000 |
| Average Home Value | $346,557 |
Housing Distribution
Address Breakdown
Residential
22,105
Single Family
16,423
Multi-Family
5,682
Businesses
1,068
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kandice L Marquardt • Keller Williams Realty Sioux Falls
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22507102