6146 S Bison PlSioux FallsSD57108
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 6146 S Bison Pl, Sioux Falls, SD, 57108 in Sioux Falls offers a clean, manageable entry. Rental yield 6.7%. DSCR 1.24 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $86,891 in additional property value over five years, with $2,897/yr in principal equity building ownership stake. Total projected cumulative return: $104,606.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 6.8% |
| Monthly Cash Flow | $(396) | $450 |
City averages based on Sioux Falls market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,757 |
| Total Monthly Debt Service | $1,862 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Townhouse
Built in 2025
3,136 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57108, Sioux Falls, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,645 (100%) |
| Owner Occupied HU | 9,045 (54.3%) |
| Renter Occupied HU | 6,307 (37.9%) |
| Vacant Housing Units | 1,293 ( 7.8%) |
| Median Home Value | $421,744 |
| Average Home Value | $525,253 |
Housing Distribution
Address Breakdown
Residential
16,408
Single Family
13,944
Multi-Family
2,464
Businesses
1,036
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
Townhouse
Built in 2025
3,136 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57108, Sioux Falls, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,645 (100%) |
| Owner Occupied HU | 9,045 (54.3%) |
| Renter Occupied HU | 6,307 (37.9%) |
| Vacant Housing Units | 1,293 ( 7.8%) |
| Median Home Value | $421,744 |
| Average Home Value | $525,253 |
Housing Distribution
Address Breakdown
Residential
16,408
Single Family
13,944
Multi-Family
2,464
Businesses
1,036
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22601182