313 S Tumble Creek AveAvenue Sioux 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
Rental property for sale in Avenue Sioux Falls at 313 S Tumble Creek Ave, Avenue Sioux Falls, SD, 57110 priced at $450,102 pairs $2,994/mo rent with $127/mo cash flow after a $2,203/mo payment. Total monthly income equals $2,994/mo, and annual cash flow comes to $1,519/yr on $149,209 invested. Return on cash invested is 20.93% in year one, and rental yield stands at 7.98% on a $450,102 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,355 by year five. Five-year ROI measures 108.55% and total cumulative return in cash reaches $161,966. For financing, Ziffy Mortgage’s DSCR program evaluates $2,994/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
9,000 sqft lot
$N/A/sqft
$23 monthly 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: Rhonda Rentz • Signature Real Estate & Development Services L.L.C.
Mls Name: Realtor Association of the Sioux Empire
Mls Provider:
Mls ID: #22404349
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 2024 REALTOR Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.