3712 S Terry Ave UNIT 201Sioux 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 3712 S Terry Ave UNIT 201, Sioux Falls, SD, 57106 earns $164/mo cash flow from $891/mo rent with a $563/mo payment. Total monthly income totals $891/mo, and annual cash flow totals $1,970/yr on $38,123 capital. ROI tracks 25.08% on current figures, and rental yield reads 9.3% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 130.81% and total cumulative return in cash sums $49,869. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $891/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: Kory N Davis • The Experience Real Estate
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22507449