2929 Douglas 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
Rental property for sale in Sioux City at 2929 Douglas St, Sioux City, IA, 51104 priced at $182,000 converts $1,688/mo rent into $506/mo cash flow after a $891/mo obligation. Total monthly income equals $1,688/mo, and annual cash flow totals $6,070/yr on $60,333 invested. Return on cash invested prints 29.97% in year one, and rental yield reads 11.13% against a $182,000 entry. Equity gained on principal adds $1,174/yr, while 5% annual appreciation compiles into $50,283 by year five. Five-year ROI reaches 157.2% and total cumulative return in cash sums $94,845. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,688/mo property income covering a $891/mo payment, not borrower’s personal income.
Single Family
Built in 1932
5,227 sqft lot
$N/A/sqft
No HOA
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Listed by: Hannah Koerselman • Keller Williams Siouxland
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828137
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.