608 S Walts 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 608 S Walts Ave, Sioux Falls, SD, 57104 earns from $1,082/mo rent with a $1,444/mo payment. Total monthly income totals $1,082/mo. ROI tracks 10.31% on current figures, and rental yield reads 4.4% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 51.55% and total cumulative return in cash sums $50,414. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,082/mo property income instead of your personal income.
Multi Family
Built in 1909
7,226 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: Jackson D Dorhout • Alpine Residential
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22509222