2211 Myrtle 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
Rental property for sale in Sioux City at 2211 Myrtle St, Sioux City, IA, 51103 offers $1,722/mo rent that, after a $789/mo payment, leaves $675/mo cash flow. Total monthly income is $1,722/mo, and annual cash flow is $8,100/yr on $53,454 cash. Return on cash invested measures 35.06% in year one, and rental yield stands at 12.81% at a $161,250 entry. Equity gained on principal adds $1,041/yr while 5% annual appreciation compounds into $44,550 by year five. Five-year ROI records 184.48% and total cumulative return in cash reaches $98,614. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,722/mo property income versus a $789/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
5,662 sqft lot
$N/A/sqft
No HOA
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Listed by: Mark Vos • Keller Williams Siouxland
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828477
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.