1616 W Willis AveSioux 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 1616 W Willis Ave, Sioux City, IA, 51103 priced at $112,000 pairs $870/mo rent with $138/mo cash flow after a $548/mo payment. Total monthly income equals $870/mo, and annual cash flow comes to $1,654/yr on $37,128 invested. Return on cash invested is 24.36% in year one, and rental yield stands at 9.32% on a $112,000 basis. Equity gained on principal adds $723/yr, and 5% annual appreciation accumulates to $30,944 by year five. Five-year ROI measures 127.19% and total cumulative return in cash reaches $47,223. For financing, Ziffy Mortgage’s DSCR program evaluates $870/mo property income against a $548/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
9,583 sqft lot
$N/A/sqft
No HOA
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Listed by: Christine Zellmer-Zant • United Real Estate Solutions
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #827897
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.