323 S Ridge DrSouth 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
Total monthly income runs $1,849/mo, and a $1,468/mo payment. Purchase price stands at $299,999, and rental yield measures 7.4% with $1,849/mo rent. Return on cash invested shows 17.78% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 92.19% and total cumulative return in cash records $91,680. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,849/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.29 Acres 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: Tiffany Pech-Williams • Century 21 ProLink
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828874
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.