5102 E 63rd StSioux FallsSD57108
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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 5102 E 63rd St, Sioux Falls, SD, 57108 offers a 9.06% rental yield on a $340,000 purchase with $2,567/mo rent. Total monthly income registers $2,567/mo, and a $1,664/mo payment leaves $235/mo available for distribution. Annual cash flow reaches $2,815/yr on $112,710 to close, and return on cash invested stands at 22.41% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 117.13% and total cumulative return in cash at $132,018. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,567/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
3,920 sqft lot
$N/A/sqft
$140 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57108, Sioux Falls, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,645 (100%) |
| Owner Occupied HU | 9,045 (54.3%) |
| Renter Occupied HU | 6,307 (37.9%) |
| Vacant Housing Units | 1,293 ( 7.8%) |
| Median Home Value | $421,744 |
| Average Home Value | $525,253 |
Housing Distribution
Address Breakdown
Residential
16,408
Single Family
13,944
Multi-Family
2,464
Businesses
1,036
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Listed by: Chris Delfs • Keller Williams Siouxland
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828298
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.