704 N Mable AveSioux FallsSD57103
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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 704 N Mable Ave, Sioux Falls, SD, 57103 uses $39,747 cash to close to unlock $2,138/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $936/mo, and a $587/mo payment keeps the spread at $178/mo. Purchase price stands at $119,900, and rental yield measures 9.37% with $936/mo rent. Return on cash invested shows 25.29% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 131.99% and total cumulative return in cash records $52,464. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $936/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1949
6,246 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57103, Sioux Falls, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,867 (100%) |
| Owner Occupied HU | 9,800 (61.8%) |
| Renter Occupied HU | 5,171 (32.6%) |
| Vacant Housing Units | 896 ( 5.6%) |
| Median Home Value | $293,831 |
| Average Home Value | $337,449 |
Housing Distribution
Address Breakdown
Residential
14,733
Single Family
11,590
Multi-Family
3,143
Businesses
662
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Listed by: Jessica L Walter • Keller Williams Realty Sioux Falls
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22509025