314 Main StSioux RapidsIA50585
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
Investment Highlights
Rental property for sale in Sioux Rapids at 314 Main St, Sioux Rapids, IA, 50585 priced at $141,000 pairs $2,129/mo rent with $1,172/mo cash flow after a $690/mo payment. Total monthly income equals $2,129/mo, and annual cash flow comes to $14,062/yr on $46,742 invested. Return on cash invested is 49.99% in year one, and rental yield stands at 18.12% on a $141,000 basis. Equity gained on principal adds $910/yr, and 5% annual appreciation accumulates to $38,956 by year five. Five-year ROI measures 264.97% and total cumulative return in cash reaches $123,852. For financing, Ziffy Mortgage’s DSCR program evaluates $2,129/mo property income against a $690/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1890
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50585, Sioux Rapids, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 536 (100%) |
| Owner Occupied HU | 371 (69.2%) |
| Renter Occupied HU | 97 (18.1%) |
| Vacant Housing Units | 68 (12.7%) |
| Median Home Value | $116,146 |
| Average Home Value | $169,730 |
Housing Distribution
Address Breakdown
Residential
273
Single Family
251
Multi-Family
22
Businesses
48
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Listed by: Kelly Bierl • Hometown Realty
Mls Name: Iowa Great Lakes BOR
Mls Provider:
Mls ID: #241242
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.