1316 Main 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
Rental property for sale in Sioux City at 1316 Main St, Sioux City, IA, 51103 generates $1,022/mo in rent and, after a $649/mo payment, leaves $161/mo in cash flow. Total monthly income is $1,022/mo, and annual cash flow is $1,932/yr on $43,924 invested. Return on cash invested sits at 24.31% in year one, and rental yield is 9.26% on a $132,500 entry. Equity gained on principal adds $855/yr, while 5% annual appreciation builds toward $36,607 over five years. Five-year ROI reaches 126.84% and total cumulative return in cash sums $55,712. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,022/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
2,178 sqft lot
$N/A/sqft
No HOA
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Listed by: Tonya Vakulskas • Keller Williams Okoboji
Mls Name: Northwest Iowa Regional BOR
Mls ID: #831119