4312 E 38th StSioux FallsSD57103
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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 4312 E 38th St, Sioux Falls, SD, 57103 offers a 10.3% rental yield on a $446,100 purchase with $3,828/mo rent. Total monthly income registers $3,828/mo, and a $2,183/mo payment leaves $1,009/mo available for distribution. Annual cash flow reaches $12,112/yr on $147,882 to close, and return on cash invested stands at 28.1% in year one. Equity gained on principal adds $2,879/yr while 5% annual appreciation supports $123,249 over five years. Portfolio math shows five-year ROI at 146.95% and total cumulative return in cash at $217,313. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,828/mo property income against a $2,183/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
10,628 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57103, Sioux Falls, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,867 (100%) |
| Owner Occupied HU | 9,800 (61.8%) |
| Renter Occupied HU | 5,171 (32.6%) |
| Vacant Housing Units | 896 ( 5.6%) |
| Median Home Value | $293,831 |
| Average Home Value | $337,449 |
Housing Distribution
Address Breakdown
Residential
14,733
Single Family
11,590
Multi-Family
3,143
Businesses
662
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Nearby investment properties with comparable prices
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