302 Jones St SUITE 510Sioux CityIA51101
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe cash-flow margin at 302 Jones St SUITE 510, Sioux City, IA, 51101 in Sioux City is narrow, $80/mo net on $1,745/mo rent after the $881/mo debt service, but the property operates at break-even-plus, not a loss. At $195,900 with a 10.69% yield, the long-run equity case via 5% appreciation ($54,124 over five years) and $1,804/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.98 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $81,452.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 7.2% |
| Monthly Cash Flow | $80 | $450 |
City averages based on Sioux City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,745 |
| Total Monthly Debt Service | $1,587 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1906
4,356 sqft lot
$N/A/sqft
$379 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1906
4,356 sqft lot
$N/A/sqft
$379 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices