119 4th 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 119 4th St NE, Sioux Center, IA, 51250 generates $1,308/mo in rent, after a $1,013/mo payment. Total monthly income is $1,308/mo. Return on cash invested sits at 19.28% in year one, and rental yield is 7.58% on a $207,000 entry. Equity gained on principal adds $1,336/yr, while 5% annual appreciation builds toward $57,190 over five years. Five-year ROI reaches 99.85% and total cumulative return in cash sums $68,518. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,308/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
2,520 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: Ryan Zomer • Zomer Company
Mls Name: My State MLS
Mls ID: #11594602