1423 Pierce StSioux CityIA51105
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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 1423 Pierce St, Sioux City, IA, 51105 priced at $128,000 converts $1,022/mo rent into $179/mo cash flow after a $627/mo obligation. Total monthly income equals $1,022/mo, and annual cash flow totals $2,148/yr on $42,432 invested. Return on cash invested prints 24.97% in year one, and rental yield reads 9.58% against a $128,000 entry. Equity gained on principal adds $826/yr, while 5% annual appreciation compiles into $35,364 by year five. Five-year ROI reaches 130.65% and total cumulative return in cash sums $55,439. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,022/mo property income covering a $627/mo payment, not borrower’s personal income.
Single Family
Built in 1940
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51105, Sioux City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,282 (100%) |
| Owner Occupied HU | 1,713 (40.0%) |
| Renter Occupied HU | 2,156 (50.4%) |
| Vacant Housing Units | 413 ( 9.6%) |
| Median Home Value | $101,670 |
| Average Home Value | $126,248 |
Housing Distribution
Address Breakdown
Residential
3,867
Single Family
3,143
Multi-Family
724
Businesses
350
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Listed by: Marceta Claypool • Century 21 ProLink
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828276
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.