223 N La Mesa DrSioux FallsSD57107
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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
Rental property for sale in Sioux Falls at 223 N La Mesa Dr, Sioux Falls, SD, 57107 priced at $279,900 pairs $1,693/mo rent with after a $1,370/mo payment. Total monthly income equals $1,693/mo. Return on cash invested is 18.93% in year one, and rental yield stands at 7.26% on a $279,900 basis. Equity gained on principal adds $1,806/yr, and 5% annual appreciation accumulates to $77,331 by year five. Five-year ROI measures 97.8% and total cumulative return in cash reaches $90,745. For financing, Ziffy Mortgage’s DSCR program evaluates $1,693/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
0.32 Acres lot
$N/A/sqft
No HOA
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Listed by: Morgan Viessman • eXp Realty - SF Allen Team
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22600385