3600 S Gateway Blvd APT 104Sioux 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
Investment property for sale in Sioux Falls at 3600 S Gateway Blvd APT 104, Sioux Falls, SD, 57106 earns $312/mo cash flow from $1,171/mo rent with a $665/mo payment. Total monthly income totals $1,171/mo, and annual cash flow totals $3,748/yr on $45,051 capital. ROI tracks 28.23% on current figures, and rental yield reads 10.34% at a $135,900 purchase. Equity gained on principal adds $877/yr, and 5% annual appreciation supports $37,547 over five years. Five-year ROI reaches 147.69% and total cumulative return in cash sums $66,535. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,171/mo property income instead of your personal income.
Condo
Built in 1977
2,099 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: Adam M Bossert • Hegg, REALTORS
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22506606