1824 W Palmer 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
Investment property for sale in Sioux City at 1824 W Palmer Ave, Sioux City, IA, 51103 listed at $130,000 pairs $991/mo rent with a $636/mo payment to leave $147/mo cash flow. Total monthly income runs $991/mo, and annual cash flow reaches $1,764/yr on $43,095 cash to close. Return on cash invested measures 24% in year one, and rental yield registers 9.15% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Five-year ROI tracks 125.2% and total cumulative return in cash totals $53,955. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $991/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
6,098 sqft lot
$N/A/sqft
No HOA
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Listed by: Audrey Hoekstra • Gateway Real Estate Advisors
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #829328
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.