3132 W Spruceleigh LnSioux 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 3132 W Spruceleigh Ln, Sioux Falls, SD, 57105 with 5% annual appreciation on a $809,200 basis while $4,710/mo rent supports operations. 25% in year one. Equity gained on principal adds $5,222/yr, and five-year appreciation sums $223,567 alongside rental yield of 6.98%. Five-year ROI measures 89.06% and total cumulative return in cash totals $237,100. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,710/mo property income versus a $3,961/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
0.39 Acres lot
$N/A/sqft
$20 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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