1215 W 16th StSioux CityIA51103
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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 1215 W 16th St, Sioux City, IA, 51103 uses $39,747 cash to close to unlock $2,186/yr annual cash flow and $182/mo monthly cash flow. Total monthly income runs $961/mo, and a $587/mo payment keeps the spread at $182/mo. Purchase price stands at $119,900, and rental yield measures 9.62% with $961/mo rent. Return on cash invested shows 25.41% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 132.84% and total cumulative return in cash records $52,800. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $961/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1920
3,920 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Nick Tramp • United Real Estate Solutions
Mls Name: Northwest Iowa Regional BOR
Mls ID: #831139