6105 S Aaron AveSioux FallsSD57106
INVESTMENT ANALYSIS
Investment Verdict
Solid Income6105 S Aaron Ave, Sioux Falls, SD, 57106 in Sioux Falls is a solid income-producing rental, 8.42% gross yield, $2,160/mo rent, $215/mo net cash flow on a $307,777 buy. DSCR 1.56 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $85,033 and $2,835/yr in principal reduction project a total cumulative return of $130,754.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.8% |
| Monthly Cash Flow | $215 | $450 |
City averages based on Sioux Falls market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,160 |
| Total Monthly Debt Service | $1,823 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2002
8,189 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2002
8,189 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie A Taylor • Applause Real Estate
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22600493