3923 Elmdale AveSioux CityIA51103
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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 3923 Elmdale Ave, Sioux City, IA, 51103 generates $2,165/mo in rent and, after a $710/mo payment, leaves $1,214/mo in cash flow. Total monthly income is $2,165/mo, and annual cash flow is $14,569/yr on $48,068 invested. Return on cash invested sits at 50.22% in year one, and rental yield is 17.92% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 265.94% and total cumulative return in cash sums $127,832. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,165/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
6,534 sqft lot
$N/A/sqft
No HOA
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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.