302 Jones St SUITE 412Sioux 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
Rental property for sale in Sioux City at 302 Jones St SUITE 412, Sioux City, IA, 51101 generates $1,297/mo in rent, after a $807/mo payment. Total monthly income is $1,297/mo. Return on cash invested sits at 19.74% in year one, and rental yield is 9.44% on a $164,950 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation builds toward $45,573 over five years. Five-year ROI reaches 104.23% and total cumulative return in cash sums $56,996. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,297/mo property income rather than buyer’s personal income.
Condo
Built in 1906
N/A lot
$N/A/sqft
$234 monthly 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 Provider:
Mls ID: #829265
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.