2700 S Glass 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 2700 S Glass St, Sioux City, IA, 51106 offers a 9.42% rental yield on a $135,000 purchase with $1,060/mo rent. Total monthly income registers $1,060/mo, and a $661/mo payment leaves $183/mo available for distribution. Annual cash flow reaches $2,196/yr on $44,753 to close, and return on cash invested stands at 24.82% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 129.51% and total cumulative return in cash at $57,961. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,060/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
6,534 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: David Pepin • United Real Estate Solutions
Mls Name: Northwest Iowa Regional BOR
Mls ID: #829816