1285 8th Ave 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
Investment property for sale in Sioux Center at 1285 8th Ave NE, Sioux Center, IA, 51250 offers a 9.15% rental yield on a $340,000 purchase with $2,592/mo rent. Total monthly income registers $2,592/mo, and a $1,664/mo payment leaves $384/mo available for distribution. Annual cash flow reaches $4,608/yr on $112,710 to close, and return on cash invested stands at 24% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 125.16% and total cumulative return in cash at $141,066. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,592/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
0.31 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
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Listed by: Jennifer D Jansen • Epic Realty Inc.
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828670
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.