1305 & 1307 McDonald 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 1305 & 1307 McDonald St, Sioux City, IA, 51103 uses $46,410 cash to close to unlock $12,264/yr annual cash flow and $1,022/mo monthly cash flow. Total monthly income runs $1,931/mo, and a $685/mo payment keeps the spread at $1,022/mo. Purchase price stands at $140,000, and rental yield measures 16.55% with $1,931/mo rent. Return on cash invested shows 46.33% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 244.96% and total cumulative return in cash records $113,686. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,931/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1910
6,969 sqft lot
$N/A/sqft
No HOA
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Listed by: Bobbi Ricker • Keller Williams Siouxland
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #823565
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.