7442 S Louise Ave #106Sioux FallsSD57108
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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 7442 S Louise Ave #106, Sioux Falls, SD, 57108 listed at $135,000 pairs $1,277/mo rent with a $661/mo payment to leave $424/mo cash flow. Total monthly income runs $1,277/mo, and annual cash flow reaches $5,083/yr on $44,753 cash to close. Return on cash invested measures 31.27% in year one, and rental yield registers 11.35% at a $135,000 basis. Equity gained on principal adds $871/yr, and annual property appreciation at 5% supports $37,298 by year five. Five-year ROI tracks 163.97% and total cumulative return in cash totals $73,381. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,277/mo property income relative to a $661/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2010
1,611 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
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Listed by: Kory N Davis • The Experience Real Estate
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22508218