306 11th Ave NESibleyIA51249
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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 Sibley at 306 11th Ave NE, Sibley, IA, 51249 uses $90,334 cash to close to unlock $7,068/yr annual cash flow and $589/mo monthly cash flow. Total monthly income runs $2,359/mo, and a $1,334/mo payment keeps the spread at $589/mo. Purchase price stands at $272,500, and rental yield measures 10.39% with $2,359/mo rent. Return on cash invested shows 27.73% in year one, and 5% annual appreciation builds toward $75,287 over five years. Five-year ROI reaches 145.19% and total cumulative return in cash records $131,154. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,359/mo property income covering a $1,334/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51249, Sibley, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,587 (100%) |
| Owner Occupied HU | 1,067 (67.2%) |
| Renter Occupied HU | 393 (24.8%) |
| Vacant Housing Units | 127 ( 8.0%) |
| Median Home Value | $204,960 |
| Average Home Value | $248,149 |
Housing Distribution
Address Breakdown
Residential
1,481
Single Family
1,431
Multi-Family
50
Businesses
167
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Listed by: Joshua L Earll • Klaassen Realty - Sibley
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #829190
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.