8808 W 22nd StSioux FallsSD57106
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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 8808 W 22nd St, Sioux Falls, SD, 57106 generates $1,878/mo in rent, after a $1,859/mo payment. Total monthly income is $1,878/mo. Return on cash invested sits at 14.93% in year one, and rental yield is 5.93% on a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 76.33% and total cumulative return in cash sums $96,125. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,878/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
6,493 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57106, Sioux Falls, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,609 (100%) |
| Owner Occupied HU | 12,891 (57.0%) |
| Renter Occupied HU | 8,716 (38.6%) |
| Vacant Housing Units | 1,002 ( 4.4%) |
| Median Home Value | $305,000 |
| Average Home Value | $346,557 |
Housing Distribution
Address Breakdown
Residential
22,105
Single Family
16,423
Multi-Family
5,682
Businesses
1,068
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Listed by: Carter Harris • Ace Realty, LLC
Mls Name: Mitchell BOR
Mls ID: #25-501