1300 Edgewater AveSioux CityIA51109
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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 1300 Edgewater Ave, Sioux City, IA, 51109 earns $106/mo cash flow from $1,502/mo rent with a $1,052/mo payment. Total monthly income totals $1,502/mo, and annual cash flow totals $1,273/yr on $71,256 capital. ROI tracks 21.7% on current figures, and rental yield reads 8.39% at a $214,950 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,387 over five years. Five-year ROI reaches 112.9% and total cumulative return in cash sums $80,446. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,502/mo property income instead of your personal income.
Single Family
Built in 1958
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51109, Sioux City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,384 (100%) |
| Owner Occupied HU | 950 (68.6%) |
| Renter Occupied HU | 360 (26.0%) |
| Vacant Housing Units | 74 ( 5.3%) |
| Median Home Value | $152,778 |
| Average Home Value | $200,655 |
Housing Distribution
Address Breakdown
Residential
1,355
Single Family
1,321
Multi-Family
34
Businesses
55
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Listed by: Jamie Friedel • Plains Asset Group
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828821
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.