2908 W 37th Cir STE 501Sioux 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
Total monthly income runs $1,559/mo, and a $4,527/mo payment. Purchase price stands at $925,000, and rental yield measures 2.02% with $1,559/mo rent. Return on cash invested shows 1.49% in year one, and 5% annual appreciation builds toward $255,560 over five years. Five-year ROI reaches 4.81% and total cumulative return in cash records $14,653. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,559/mo property income covering a $4,527/mo payment rather than investor’s personal income.
Condo
Built in 2008
3,652 sqft lot
$N/A/sqft
$423 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: Amy Stockberger • Amy Stockberger Real Estate
Mls Name: Realtor Association of the Sioux Empire
Mls Provider:
Mls ID: #22503477
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.