1622 W 15th 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
Investment property for sale in Sioux City at 1622 W 15th St, Sioux City, IA, 51103 uses $57,681 cash to close to unlock $6,763/yr annual cash flow and $564/mo monthly cash flow. Total monthly income runs $1,694/mo, and a $852/mo payment keeps the spread at $564/mo. Purchase price stands at $174,000, and rental yield measures 11.68% with $1,694/mo rent. Return on cash invested shows 31.63% in year one, and 5% annual appreciation builds toward $48,073 over five years. Five-year ROI reaches 166.15% and total cumulative return in cash records $95,837. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,694/mo property income covering a $852/mo payment rather than investor’s personal income.
Single Family
Built in 1910
6,098 sqft lot
$N/A/sqft
No HOA
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Listed by: Aaron Tyler • Keller Williams Siouxland
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #827198
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.