1170 9th Ave SESioux CenterIA51250
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1170 9th Ave SE, Sioux Center, IA, 51250 in Sioux Center is a solid income-producing rental, 8.84% gross yield, $4,339/mo rent, $514/mo net cash flow on a $589,000 buy. DSCR 1.64 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $162,730 and $5,425/yr in principal reduction project a total cumulative return of $257,168.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.2% |
| Monthly Cash Flow | $514 | $300 |
City averages based on Sioux Center market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,339 |
| Total Monthly Debt Service | $3,591 |
| DSCR Ratio | 1.21x |
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.
Single Family
Built in 2020
0.33 Acres 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
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
Single Family
Built in 2020
0.33 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A