1908 N Concord DrSioux 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 1908 N Concord Dr, Sioux Falls, SD, 57110 at $422,500 posts ROI 22.68% with $324/mo cash flow from $2,994/mo rent. Total monthly income equals $2,994/mo, and annual cash flow records $3,887/yr on $140,059 to close. Return on cash invested measures 22.68% and rental yield reads 8.5% at the current $422,500. Equity gained on principal adds $2,726/yr, and 5% annual appreciation supports $116,729 by year five. Five-year ROI prints 117.89% and total cumulative return in cash totals $165,120.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,994/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
5,898 sqft 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
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Listed by: Lindsey J Theuninck • House 2 Home LLC
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22408034