1711 S Palmetto StSioux CityIA51106
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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 1711 S Palmetto St, Sioux City, IA, 51106 earns $1,040/mo cash flow from $1,998/mo rent with a $722/mo payment. Total monthly income totals $1,998/mo, and annual cash flow totals $12,480/yr on $48,896 capital. ROI tracks 45.43% on current figures, and rental yield reads 16.25% at a $147,500 purchase. Equity gained on principal adds $952/yr, and 5% annual appreciation supports $40,752 over five years. Five-year ROI reaches 240.09% and total cumulative return in cash sums $117,397. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,998/mo property income instead of your personal income.
Single Family
Built in 1918
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51106, Sioux City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,768 (100%) |
| Owner Occupied HU | 7,360 (62.5%) |
| Renter Occupied HU | 3,590 (30.5%) |
| Vacant Housing Units | 818 ( 7.0%) |
| Median Home Value | $197,140 |
| Average Home Value | $242,635 |
Housing Distribution
Address Breakdown
Residential
12,068
Single Family
10,365
Multi-Family
1,703
Businesses
933
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Listed by: Michelle White • Century 21 ProLink
Mls Name: Northwest Iowa Regional BOR
Mls ID: #830359