6902 E Brooks Edge PlPlace Sioux 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
Investment property for sale in Place Sioux Falls at 6902 E Brooks Edge Pl, Place Sioux Falls, SD, 57110 with 5% annual appreciation on a $306,500 basis while $2,329/mo rent supports operations. Total monthly income totals $2,329/mo and a $1,500/mo payment preserves $267/mo for cash returns. Annual cash flow comes to $3,207/yr on $101,605 deployed, and return on cash invested reaches 23.07% in year one. Equity gained on principal adds $1,978/yr, and five-year appreciation sums $84,680 alongside rental yield of 9.12%. Five-year ROI measures 120.51% and total cumulative return in cash totals $122,449.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,329/mo property income versus a $1,500/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2023
2,835 sqft lot
$N/A/sqft
$125 monthly 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: Rhonda L Rentz • Signature Real Estate & Development Services L.L.C.
Mls Name: Realtor Association of the Sioux Empire
Mls Provider:
Mls ID: #22405537
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