5652 W Meridian PlSioux 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 5652 W Meridian Pl, Sioux Falls, SD, 57106 uses $49,725 cash to close to unlock $9,075/yr annual cash flow and $756/mo monthly cash flow. Total monthly income runs $1,704/mo, and a $734/mo payment keeps the spread at $756/mo. Purchase price stands at $150,000, and rental yield measures 13.63% with $1,704/mo rent. Return on cash invested shows 38.16% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 200.94% and total cumulative return in cash records $99,918. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,704/mo property income covering a $734/mo payment rather than investor’s personal income.
Manufactured
Built in 2018
6,769 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: Jessica N Scott • Real Broker LLC
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22600344