118 W 21st StSioux CityIA51104
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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 City at 118 W 21st St, Sioux City, IA, 51104 uses $62,985 cash to close to unlock $4,080/yr annual cash flow and $340/mo monthly cash flow. Total monthly income runs $1,574/mo, and a $930/mo payment keeps the spread at $340/mo. Purchase price stands at $190,000, and rental yield measures 9.94% with $1,574/mo rent. Return on cash invested shows 26.39% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 137.96% and total cumulative return in cash records $86,892. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,574/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1955
6,969 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jesse Derrick • Riverstone Realty
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #827360
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.