2805 Summit StSioux CityIA51104
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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 2805 Summit St, Sioux City, IA, 51104 with 5% annual appreciation on a $293,950 basis while $1,691/mo rent supports operations. 22% in year one. Equity gained on principal adds $1,897/yr, and five-year appreciation sums $81,213 alongside rental yield of 6.9%. Five-year ROI measures 88.82% and total cumulative return in cash totals $86,552. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,691/mo property income versus a $1,439/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1941
8,000 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Joseph Krage • United Real Estate Solutions
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828383
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.