1609 Helmer St, Sioux City, IA, 51103 | $575/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Sioux City at 1609 Helmer St, Sioux City, IA, 51103 offers a 10.55% rental yield on a $249,950 purchase with $2,198/mo rent. Total monthly income registers $2,198/mo, and a $1,223/mo payment leaves $575/mo available for distribution. Annual cash flow reaches $6,901/yr on $82,858 to close, and return on cash invested stands at 28.24% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,057 over five years. Portfolio math shows five-year ROI at 147.96% and total cumulative return in cash at $122,598. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,198/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1929

0.32 Acres lot

$N/A/sqft

No HOA