2409 S Olive StSioux 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 2409 S Olive St, Sioux City, IA, 51106 earns $82/mo cash flow from $1,576/mo rent with a $1,126/mo payment. Total monthly income totals $1,576/mo, and annual cash flow totals $984/yr on $76,245 capital. ROI tracks 21.2% on current figures, and rental yield reads 8.22% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 110.13% and total cumulative return in cash sums $83,971. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,576/mo property income instead of your personal income.
Single Family
Built in 1955
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: Toni Delfs • Keller Williams Siouxland
Mls Name: Northwest Iowa Regional BOR
Mls ID: #830005