3923 Elmdale AveSioux CityIA51103
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 3923 Elmdale Ave, Sioux City, IA, 51103 in Sioux City. Priced at $145,000, it generates $2,165/mo in gross rent and $1,214/mo in net monthly cash flow, a 17.92% yield that comfortably supports the 3.32 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $14,570. Five-year appreciation: $40,061. Equity from principal paydown: $1,335/yr. Total projected cumulative return: $133,402.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.9% | 7.2% |
| Monthly Cash Flow | $1,214 | $450 |
City averages based on Sioux City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,165 |
| Total Monthly Debt Service | $893 |
| DSCR Ratio | 2.42x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1959
6,534 sqft lot
$N/A/sqft
No HOA
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
Single Family
Built in 1959
6,534 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vanessa Lefler-Larned • Century 21 ProLink
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #829105
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.