2709 S Chapelwood AveSioux FallsSD57110
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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 2709 S Chapelwood Ave, Sioux Falls, SD, 57110 uses $106,909 cash to close to unlock $11,477/yr annual cash flow and $956/mo monthly cash flow. Total monthly income runs $2,994/mo, and a $1,578/mo payment keeps the spread at $956/mo. Purchase price stands at $322,500, and rental yield measures 11.14% with $2,994/mo rent. Return on cash invested shows 30.64% in year one, and 5% annual appreciation builds toward $89,101 over five years. Five-year ROI reaches 160.61% and total cumulative return in cash records $171,704. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,994/mo property income covering a $1,578/mo payment rather than investor’s personal income.
Single Family
Built in 1996
6,599 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57110, Sioux Falls, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,693 (100%) |
| Owner Occupied HU | 6,361 (54.4%) |
| Renter Occupied HU | 3,976 (34.0%) |
| Vacant Housing Units | 1,356 (11.6%) |
| Median Home Value | $383,363 |
| Average Home Value | $454,672 |
Housing Distribution
Address Breakdown
Residential
11,428
Single Family
9,016
Multi-Family
2,412
Businesses
339
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Listed by: Brett J Sichmeller • Alpine Residential
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22508123