724 N Blauvelt AveSioux FallsSD57103
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
Investment Highlights
Investment property for sale in Sioux Falls at 724 N Blauvelt Ave, Sioux Falls, SD, 57103 with 5% annual appreciation on a $184,900 basis while $1,554/mo rent supports operations. Total monthly income totals $1,554/mo and a $905/mo payment preserves $386/mo for cash returns. Annual cash flow comes to $4,626/yr on $61,294 deployed, and return on cash invested reaches 27.46% in year one. Equity gained on principal adds $1,193/yr, and five-year appreciation sums $51,084 alongside rental yield of 10.09%. Five-year ROI measures 143.52% and total cumulative return in cash totals $87,967.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,554/mo property income versus a $905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sam V Britt • The Experience Real Estate
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22507328