302 Jones St SUITE 406Sioux CityIA51101
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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 302 Jones St SUITE 406, Sioux City, IA, 51101 offers a 9.79% rental yield on a $164,950 purchase with $1,346/mo rent. Total monthly income registers $1,346/mo, and a $807/mo payment leaves $275/mo available for distribution. Annual cash flow reaches $3,301/yr on $54,681 to close, and return on cash invested stands at 25.95% in year one. Equity gained on principal adds $1,064/yr while 5% annual appreciation supports $45,573 over five years. Portfolio math shows five-year ROI at 135.7% and total cumulative return in cash at $74,204. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,346/mo property income against a $807/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1906
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51101, Sioux City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 993 (100%) |
| Owner Occupied HU | 47 ( 4.7%) |
| Renter Occupied HU | 779 (78.4%) |
| Vacant Housing Units | 167 (16.8%) |
| Median Home Value | $222,826 |
| Average Home Value | $233,564 |
Housing Distribution
Address Breakdown
Residential
922
Single Family
176
Multi-Family
746
Businesses
633
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Listed by: Lisa Sissel • Century 21 ProLink
Mls Name: Northwest Iowa Regional BOR
Mls ID: #829398