2304 W 18th StSioux FallsSD57104
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 2304 W 18th St, Sioux Falls, SD, 57104 earns $203/mo cash flow from $1,530/mo rent with a $1,028/mo payment. Total monthly income totals $1,530/mo, and annual cash flow totals $2,433/yr on $69,615 capital. ROI tracks 23.4% on current figures, and rental yield reads 8.74% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 121.77% and total cumulative return in cash sums $84,772. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,530/mo property income instead of your personal income.
Single Family
Built in 1951
8,097 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57104, Sioux Falls, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,149 (100%) |
| Owner Occupied HU | 5,289 (37.4%) |
| Renter Occupied HU | 7,613 (53.8%) |
| Vacant Housing Units | 1,247 ( 8.8%) |
| Median Home Value | $223,674 |
| Average Home Value | $261,086 |
Housing Distribution
Address Breakdown
Residential
12,719
Single Family
7,892
Multi-Family
4,827
Businesses
1,793
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa A Kurth • Hegg, REALTORS
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22508102