103 Walnut StSioux RapidsIA50585
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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
Investment property for sale in Sioux Rapids at 103 Walnut St, Sioux Rapids, IA, 50585 listed at $205,000 pairs $1,156/mo rent with a $1,003/mo payment. Total monthly income runs $1,156/mo. Return on cash invested measures 16.82% in year one, and rental yield registers 6.77% at a $205,000 basis. Equity gained on principal adds $1,323/yr, and annual property appreciation at 5% supports $56,638 by year five. Five-year ROI tracks 86.66% and total cumulative return in cash totals $58,890. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,156/mo property income relative to a $1,003/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50585, Sioux Rapids, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 536 (100%) |
| Owner Occupied HU | 371 (69.2%) |
| Renter Occupied HU | 97 (18.1%) |
| Vacant Housing Units | 68 (12.7%) |
| Median Home Value | $116,146 |
| Average Home Value | $169,730 |
Housing Distribution
Address Breakdown
Residential
273
Single Family
251
Multi-Family
22
Businesses
48
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Listed by: Rusty W Rasmus • Rasmus Realty & Auction
Mls Name: Northwest Iowa Regional BOR
Mls ID: #831362