2807 S Terry AveSioux FallsSD57106
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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 2807 S Terry Ave, Sioux Falls, SD, 57106 priced at $924,900 pairs $1,586/mo rent with after a $4,527/mo payment. Total monthly income equals $1,586/mo. Return on cash invested is 3.26% in year one, and rental yield stands at 2.06% on a $924,900 basis. Equity gained on principal adds $5,968/yr, and 5% annual appreciation accumulates to $255,533 by year five. Five-year ROI measures 13.74% and total cumulative return in cash reaches $41,801. For financing, Ziffy Mortgage’s DSCR program evaluates $1,586/mo property income against a $4,527/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2021
3,188 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57106, Sioux Falls, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,609 (100%) |
| Owner Occupied HU | 12,891 (57.0%) |
| Renter Occupied HU | 8,716 (38.6%) |
| Vacant Housing Units | 1,002 ( 4.4%) |
| Median Home Value | $305,000 |
| Average Home Value | $346,557 |
Housing Distribution
Address Breakdown
Residential
22,105
Single Family
16,423
Multi-Family
5,682
Businesses
1,068
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Listed by: Rebecca M Ohayon • Coldwell Banker Empire Realty
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22507061