2440 Seneca Way,Sioux City,IA,51104

Investment Highlights

Rental property for sale in Sioux City at 2440 Seneca Way, Sioux City, IA, 51104 generates $1,900/mo in rent and, after a $1,419/mo payment, leaves $17/mo in cash flow. Total monthly income is $1,900/mo, and annual cash flow is $206/yr on $96,102 invested. Return on cash invested sits at 20.12% in year one, and rental yield is 7.86% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 104.42% and total cumulative return in cash sums $100,353. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,900/mo property income rather than buyer’s personal income.