1106 5th St NESioux CenterIA51250
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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 Center at 1106 5th St NE, Sioux Center, IA, 51250 generates $1,292/mo in rent, after a $1,273/mo payment. Total monthly income is $1,292/mo. Return on cash invested sits at 14.38% in year one, and rental yield is 5.96% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 73.59% and total cumulative return in cash sums $63,425. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,292/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
6,393 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51250, Sioux Center, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,283 (100%) |
| Owner Occupied HU | 2,363 (72.0%) |
| Renter Occupied HU | 696 (21.2%) |
| Vacant Housing Units | 224 ( 6.8%) |
| Median Home Value | $319,468 |
| Average Home Value | $343,822 |
Housing Distribution
Address Breakdown
Residential
3,136
Single Family
2,830
Multi-Family
306
Businesses
334
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Listed by: Rachel L Hoogeveen • Hilt Real Estate Inc
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828409
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.