6403 W 6th PlSioux FallsSD57107
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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 6403 W 6th Pl, Sioux Falls, SD, 57107 uses $81,151 cash to close to unlock $2,858/yr annual cash flow and $238/mo monthly cash flow. Total monthly income runs $1,920/mo, and a $1,198/mo payment keeps the spread at $238/mo. Purchase price stands at $244,800, and rental yield measures 9.41% with $1,920/mo rent. Return on cash invested shows 23.43% in year one, and 5% annual appreciation builds toward $67,634 over five years. Five-year ROI reaches 122.67% and total cumulative return in cash records $99,549. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $1,198/mo payment rather than investor’s personal income.
Townhouse
Built in 2023
4,480 sqft lot
$N/A/sqft
$135 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Amy Evans • House 2 Home LLC
Mls Name: Realtor Association of the Sioux Empire
Mls Provider:
Mls ID: #22400144
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but not guaranteed. Copyright 2024 REALTOR Association of the Sioux Empire, Inc., Inc. Multiple Listing Service. All rights reserved.