413 S West AveSioux FallsSD57104
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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 Sioux Falls at 413 S West Ave, Sioux Falls, SD, 57104 priced at $129,900 pairs $1,829/mo rent with $1,008/mo cash flow after a $636/mo payment. Total monthly income equals $1,829/mo, and annual cash flow comes to $12,095/yr on $43,062 invested. Return on cash invested is 48% in year one, and rental yield stands at 16.9% on a $129,900 basis. Equity gained on principal adds $838/yr, and 5% annual appreciation accumulates to $35,889 by year five. Five-year ROI measures 253.63% and total cumulative return in cash reaches $109,219. For financing, Ziffy Mortgage’s DSCR program evaluates $1,829/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1947
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57104, Sioux Falls, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,149 (100%) |
| Owner Occupied HU | 5,289 (37.4%) |
| Renter Occupied HU | 7,613 (53.8%) |
| Vacant Housing Units | 1,247 ( 8.8%) |
| Median Home Value | $223,674 |
| Average Home Value | $261,086 |
Housing Distribution
Address Breakdown
Residential
12,719
Single Family
7,892
Multi-Family
4,827
Businesses
1,793
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Listed by: Chad Theisen • Midwest Realty
Mls Name: BHHS broker feed
Mls ID: #22507238