2313 S Norton 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 2313 S Norton Ave, Sioux Falls, SD, 57105 listed at $107,100 pairs $1,478/mo rent with a $524/mo payment to leave $773/mo cash flow. Total monthly income runs $1,478/mo, and annual cash flow reaches $9,280/yr on $35,504 cash to close. Return on cash invested measures 46.05% in year one, and rental yield registers 16.56% at a $107,100 basis. Equity gained on principal adds $691/yr, and annual property appreciation at 5% supports $29,590 by year five. Five-year ROI tracks 243.63% and total cumulative return in cash totals $86,497. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,478/mo property income relative to a $524/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
5,488 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: N/A • N/A
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