2316 Riverside BlvdSioux 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 2316 Riverside Blvd, Sioux City, IA, 51109 priced at $171,500 converts $1,367/mo rent into $254/mo cash flow after a $839/mo obligation. Total monthly income equals $1,367/mo, and annual cash flow totals $3,043/yr on $56,852 invested. Return on cash invested prints 25.26% in year one, and rental yield reads 9.57% against a $171,500 entry. Equity gained on principal adds $1,107/yr, while 5% annual appreciation compiles into $47,382 by year five. Five-year ROI reaches 131.98% and total cumulative return in cash sums $75,036. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,367/mo property income covering a $839/mo payment, not borrower’s personal income.
Single Family
Built in 1903
10,454 sqft 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: Tiffani Smith • Exp Realty, LLC
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #827996
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.