2209 S Main AveSioux FallsSD57105
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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 2209 S Main Ave, Sioux Falls, SD, 57105 earns from $2,878/mo rent with a $3,891/mo payment. Total monthly income totals $2,878/mo. ROI tracks 10.22% on current figures, and rental yield reads 4.34% at a $795,000 purchase. Equity gained on principal adds $5,130/yr, and 5% annual appreciation supports $219,644 over five years. Five-year ROI reaches 51.01% and total cumulative return in cash sums $133,426. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,878/mo property income instead of your personal income.
Single Family
Built in 1937
7,980 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57105, Sioux Falls, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,634 (100%) |
| Owner Occupied HU | 6,499 (61.1%) |
| Renter Occupied HU | 3,466 (32.6%) |
| Vacant Housing Units | 669 ( 6.3%) |
| Median Home Value | $287,839 |
| Average Home Value | $346,547 |
Housing Distribution
Address Breakdown
Residential
9,840
Single Family
8,112
Multi-Family
1,728
Businesses
1,020
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Listed by: JJ Gohl • Hegg, REALTORS
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22508535