Coronado Plan, Harvest CreekSioux FallsSD57108
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Sioux Falls rental at Coronado Plan, Harvest Creek, Sioux Falls, SD, 57108 sits in the solid-income band: 9.66% gross yield, $2,346/mo rent, $505/mo net after the $1,310/mo debt service, DSCR 1.79. Entry price of $291,400 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $80,508 and $2,684/yr in principal reduction bring total cumulative return to $143,148.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.8% |
| Monthly Cash Flow | $505 | $450 |
City averages based on Sioux Falls market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,346 |
| Total Monthly Debt Service | $1,726 |
| DSCR Ratio | 1.36x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2026
N/A 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
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
Townhouse
Built in 2026
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Empire Homes
Mls Name: Empire Homes
Mls ID: #N/A