1622-24 W 3rd St #&-214Sioux 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 1622-24 W 3rd St #&-214, Sioux City, IA, 51103 listed at $325,000 pairs $1,289/mo rent with a $1,591/mo payment. Total monthly income runs $1,289/mo. Return on cash invested measures 10.75% in year one, and rental yield registers 4.76% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 54.13% and total cumulative return in cash totals $58,321. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,289/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1940
9,583 sqft lot
$N/A/sqft
No HOA
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Listed by: Stephanie Dattolico • Gateway Real Estate Advisors
Mls Name: Northwest Iowa Regional BOR
Mls ID: #830327