2321 Leech AveSioux 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 2321 Leech Ave, Sioux City, IA, 51106 listed at $116,999 pairs $939/mo rent with a $573/mo payment to leave $179/mo cash flow. Total monthly income runs $939/mo, and annual cash flow reaches $2,146/yr on $38,785 cash to close. Return on cash invested measures 25.44% in year one, and rental yield registers 9.63% at a $116,999 basis. Equity gained on principal adds $755/yr, and annual property appreciation at 5% supports $32,325 by year five. Five-year ROI tracks 132.95% and total cumulative return in cash totals $51,565. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $939/mo property income relative to a $573/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
7,405 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: Stephanie Dattolico • Gateway Real Estate Advisors
Mls Name: Northwest Iowa Regional BOR
Mls ID: #831341