2804 3rd StSioux CityIA51105
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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 2804 3rd St, Sioux City, IA, 51105 uses $71,273 cash to close to unlock $6,408/yr annual cash flow and $534/mo monthly cash flow. Total monthly income runs $1,930/mo, and a $1,052/mo payment keeps the spread at $534/mo. Purchase price stands at $215,000, and rental yield measures 10.77% with $1,930/mo rent. Return on cash invested shows 28.9% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 151.45% and total cumulative return in cash records $107,941. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,930/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1930
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51105, Sioux City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,282 (100%) |
| Owner Occupied HU | 1,713 (40.0%) |
| Renter Occupied HU | 2,156 (50.4%) |
| Vacant Housing Units | 413 ( 9.6%) |
| Median Home Value | $101,670 |
| Average Home Value | $126,248 |
Housing Distribution
Address Breakdown
Residential
3,867
Single Family
3,143
Multi-Family
724
Businesses
350
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Listed by: Jessica Shook • Century 21 ProLink
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #829799
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.