307 Mulberry StLittle SiouxIA51545
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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 Little Sioux at 307 Mulberry St, Little Sioux, IA, 51545 priced at $175,500 converts $1,370/mo rent into $230/mo cash flow after a $859/mo obligation. Total monthly income equals $1,370/mo, and annual cash flow totals $2,762/yr on $58,178 invested. Return on cash invested prints 24.66% in year one, and rental yield reads 9.37% against a $175,500 entry. Equity gained on principal adds $1,132/yr, while 5% annual appreciation compiles into $48,487 by year five. Five-year ROI reaches 128.78% and total cumulative return in cash sums $74,924. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,370/mo property income covering a $859/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51545, Little Sioux, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 229 (100%) |
| Owner Occupied HU | 110 (48.0%) |
| Renter Occupied HU | 27 (11.8%) |
| Vacant Housing Units | 92 (40.2%) |
| Median Home Value | $90,000 |
| Average Home Value | $137,068 |
Housing Distribution
Address Breakdown
Residential
167
Single Family
167
Multi-Family
0
Businesses
8
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Listed by: Lary Clark • Loess Hills Real Estate
Mls Name: SWIAR
Mls ID: #25-1463