607 S Torrey Pine LnSioux FallsSD57110
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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 607 S Torrey Pine Ln, Sioux Falls, SD, 57110 priced at $1,075,000 converts $2,994/mo rent into after a $5,262/mo obligation. Total monthly income equals $2,994/mo. Return on cash invested prints 7.28% in year one, and rental yield reads 3.34% against a $1,075,000 entry. Equity gained on principal adds $6,937/yr, while 5% annual appreciation compiles into $297,003 by year five. Five-year ROI reaches 35.2% and total cumulative return in cash sums $122,598. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,994/mo property income covering a $5,262/mo payment, not borrower’s personal income.
Single Family
Built in 2016
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57110, Sioux Falls, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,693 (100%) |
| Owner Occupied HU | 6,361 (54.4%) |
| Renter Occupied HU | 3,976 (34.0%) |
| Vacant Housing Units | 1,356 (11.6%) |
| Median Home Value | $383,363 |
| Average Home Value | $454,672 |
Housing Distribution
Address Breakdown
Residential
11,428
Single Family
9,016
Multi-Family
2,412
Businesses
339
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Listed by: Amy M Stockberger • Amy Stockberger Real Estate
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22507594