2370 Ridge RdSioux CenterIA51250
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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 Center at 2370 Ridge Rd, Sioux Center, IA, 51250 at $745,000 posts ROI 8.02% with from $2,412/mo rent. Total monthly income equals $2,412/mo. Return on cash invested measures 8.02% and rental yield reads 3.89% at the current $745,000. Equity gained on principal adds $4,807/yr, and 5% annual appreciation supports $205,830 by year five. Five-year ROI prints 39.51% and total cumulative return in cash totals $96,848. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,412/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2008
0.37 Acres lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51250, Sioux Center, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,283 (100%) |
| Owner Occupied HU | 2,363 (72.0%) |
| Renter Occupied HU | 696 (21.2%) |
| Vacant Housing Units | 224 ( 6.8%) |
| Median Home Value | $319,468 |
| Average Home Value | $343,822 |
Housing Distribution
Address Breakdown
Residential
3,136
Single Family
2,830
Multi-Family
306
Businesses
334
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Listed by: Jennifer D Jansen • Epic Realty Inc.
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #827774
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.