Loft Plan, 41 EllisSioux 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 Loft Plan, 41 Ellis, Sioux Falls, SD, 57106 priced at $314,200 converts $2,473/mo rent into $487/mo cash flow after a $1,538/mo obligation. Total monthly income equals $2,473/mo, and annual cash flow totals $5,847/yr on $104,157 invested. Return on cash invested prints 25.52% in year one, and rental yield reads 9.44% against a $314,200 entry. Equity gained on principal adds $2,027/yr, while 5% annual appreciation compiles into $86,808 by year five. Five-year ROI reaches 133.15% and total cumulative return in cash sums $138,690. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,473/mo property income covering a $1,538/mo payment, not borrower’s personal income.
Townhouse
Built in 2026
N/A 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: N/A • Empire Homes
Mls Name: Empire Homes
Mls ID: #N/A