1815 Florence AveSioux CityIA51109
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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 1815 Florence Ave, Sioux City, IA, 51109 generates $1,928/mo in rent, after a $1,578/mo payment. Total monthly income is $1,928/mo. Return on cash invested sits at 18.05% in year one, and rental yield is 7.17% on a $322,500 entry. Equity gained on principal adds $2,081/yr, while 5% annual appreciation builds toward $89,101 over five years. Five-year ROI reaches 93.23% and total cumulative return in cash sums $99,668. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,928/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51109, Sioux City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,384 (100%) |
| Owner Occupied HU | 950 (68.6%) |
| Renter Occupied HU | 360 (26.0%) |
| Vacant Housing Units | 74 ( 5.3%) |
| Median Home Value | $152,778 |
| Average Home Value | $200,655 |
Housing Distribution
Address Breakdown
Residential
1,355
Single Family
1,321
Multi-Family
34
Businesses
55
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Listed by: Ashley Orzechowski • Cardinal City Realty, Inc.
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #826490
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.