3916 Kateri CtSioux CityIA51106
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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 Sioux City at 3916 Kateri Ct, Sioux City, IA, 51106 priced at $384,950 converts $3,203/mo rent into $648/mo cash flow after a $1,884/mo obligation. Total monthly income equals $3,203/mo, and annual cash flow totals $7,771/yr on $127,611 invested. Return on cash invested prints 26% in year one, and rental yield reads 9.98% against a $384,950 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation compiles into $106,355 by year five. Five-year ROI reaches 136.09% and total cumulative return in cash sums $173,671. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,203/mo property income covering a $1,884/mo payment, not borrower’s personal income.
Single Family
Built in 1979
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51106, Sioux City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,768 (100%) |
| Owner Occupied HU | 7,360 (62.5%) |
| Renter Occupied HU | 3,590 (30.5%) |
| Vacant Housing Units | 818 ( 7.0%) |
| Median Home Value | $197,140 |
| Average Home Value | $242,635 |
Housing Distribution
Address Breakdown
Residential
12,068
Single Family
10,365
Multi-Family
1,703
Businesses
933
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Listed by: James Lamoureux • 1 Percent Lists Evolution
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #825682
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.