607 S Menlo 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
Investment property for sale in Sioux Falls at 607 S Menlo Ave, Sioux Falls, SD, 57104 with 5% annual appreciation on a $270,000 basis while $1,879/mo rent supports operations. Total monthly income totals $1,879/mo and a $1,322/mo payment preserves $172/mo for cash returns. Annual cash flow comes to $2,067/yr on $89,505 deployed, and return on cash invested reaches 22.22% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,596 alongside rental yield of 8.35%. Five-year ROI measures 115.44% and total cumulative return in cash totals $103,321.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,879/mo property income versus a $1,322/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1922
6,956 sqft 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: Jamie R Smith • Hegg, REALTORS
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22600085