8309 E Sheridan CirSioux 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
Rental property for sale in Sioux Falls at 8309 E Sheridan Cir, Sioux Falls, SD, 57110 priced at $664,900 pairs $2,994/mo rent with after a $3,254/mo payment. Total monthly income equals $2,994/mo. Return on cash invested is 13.44% in year one, and rental yield stands at 5.4% on a $664,900 basis. Equity gained on principal adds $4,290/yr, and 5% annual appreciation accumulates to $183,700 by year five. Five-year ROI measures 68.28% and total cumulative return in cash reaches $149,364. For financing, Ziffy Mortgage’s DSCR program evaluates $2,994/mo property income against a $3,254/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
0.26 Acres lot
$N/A/sqft
No 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: Tyler Goff • Hegg, REALTORS
Mls Name: Realtor Association of the Sioux Empire
Mls ID: #22508896