2501 S Kiwanis Ave APT 204Sioux 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 2501 S Kiwanis Ave APT 204, Sioux Falls, SD, 57105 earns $368/mo cash flow from $1,784/mo rent with a $759/mo payment. Total monthly income totals $1,784/mo, and annual cash flow totals $4,421/yr on $51,383 capital. ROI tracks 28.51% on current figures, and rental yield reads 13.81% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 152.88% and total cumulative return in cash sums $78,556. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,784/mo property income instead of your personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$411 monthly 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: Chere Rosa de Sharon • Hi-Tech Realty
Mls Name: Realtor Association of the Sioux Empire
Mls Provider:
Mls ID: #22407213
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but not guaranteed. Copyright 2025 REALTOR Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.