309 W 28th StSouth Sioux CityNE68776
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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 South Sioux City at 309 W 28th St, South Sioux City, NE, 68776 listed at $194,950 pairs $1,391/mo rent with a $954/mo payment to leave $75/mo cash flow. Total monthly income runs $1,391/mo, and annual cash flow reaches $897/yr on $64,626 cash to close. Return on cash invested measures 21.3% in year one, and rental yield registers 8.56% at a $194,950 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,861 by year five. Five-year ROI tracks 111.03% and total cumulative return in cash totals $71,754. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,391/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
7,040 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68776, South Sioux City, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,938 (100%) |
| Owner Occupied HU | 3,204 (54.0%) |
| Renter Occupied HU | 2,449 (41.2%) |
| Vacant Housing Units | 285 ( 4.8%) |
| Median Home Value | $172,668 |
| Average Home Value | $185,594 |
Housing Distribution
Address Breakdown
Residential
5,966
Single Family
4,925
Multi-Family
1,041
Businesses
583
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Listed by: Joseph Krage • United Real Estate Solutions
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #827962
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.