1027 Carroll AveSioux CityIA51108
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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 City at 1027 Carroll Ave, Sioux City, IA, 51108 priced at $550,000 converts $1,804/mo rent into after a $2,692/mo obligation. Total monthly income equals $1,804/mo. Return on cash invested prints 8.34% in year one, and rental yield reads 3.94% against a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 41.13% and total cumulative return in cash sums $74,434. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,804/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Single Family
Built in 1998
4.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51108, Sioux City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,664 (100%) |
| Owner Occupied HU | 1,813 (68.1%) |
| Renter Occupied HU | 696 (26.1%) |
| Vacant Housing Units | 155 ( 5.8%) |
| Median Home Value | $197,786 |
| Average Home Value | $284,381 |
Housing Distribution
Address Breakdown
Residential
2,569
Single Family
1,991
Multi-Family
578
Businesses
131
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Listed by: Barb Maxon • Century 21 ProLink
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828029
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.