2610 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 2610 Ridge Rd, Sioux Center, IA, 51250 listed at $679,500 pairs $1,014/mo rent with a $3,326/mo payment. Total monthly income runs $1,014/mo. Return on cash invested measures 1.81% in year one, and rental yield registers 1.79% at a $679,500 basis. Equity gained on principal adds $4,385/yr, and annual property appreciation at 5% supports $187,733 by year five. Five-year ROI tracks 6.17% and total cumulative return in cash totals $13,799. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,014/mo property income relative to a $3,326/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
8,712 sqft lot
$N/A/sqft
No 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: Tyler Knobloch • Team Realty Services, Inc.
Mls Name: Northwest Iowa Regional BOR
Mls ID: #829723