201 N Chicago AveSioux FallsSD57103
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 201 N Chicago Ave, Sioux Falls, SD, 57103 listed at $189,900 pairs $1,554/mo rent with a $929/mo payment to leave $354/mo cash flow. Total monthly income runs $1,554/mo, and annual cash flow reaches $4,253/yr on $62,952 cash to close. Return on cash invested measures 26.66% in year one, and rental yield registers 9.82% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 139.28% and total cumulative return in cash totals $87,677. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,554/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
5,806 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57103, Sioux Falls, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,867 (100%) |
| Owner Occupied HU | 9,800 (61.8%) |
| Renter Occupied HU | 5,171 (32.6%) |
| Vacant Housing Units | 896 ( 5.6%) |
| Median Home Value | $293,831 |
| Average Home Value | $337,449 |
Housing Distribution
Address Breakdown
Residential
14,733
Single Family
11,590
Multi-Family
3,143
Businesses
662
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather E Olson • Hegg, REALTORS
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22509190