403 Walnut DrSibleyIA51249
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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 Sibley at 403 Walnut Dr, Sibley, IA, 51249 offers $2,334/mo rent that, after a $1,610/mo payment, leaves $198/mo cash flow. Total monthly income is $2,334/mo, and annual cash flow is $2,371/yr on $109,064 cash. Return on cash invested measures 22.08% in year one, and rental yield stands at 8.51% at a $329,000 entry. Equity gained on principal adds $2,123/yr while 5% annual appreciation compounds into $90,897 by year five. Five-year ROI records 114.91% and total cumulative return in cash reaches $125,325. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,334/mo property income versus a $1,610/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51249, Sibley, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,587 (100%) |
| Owner Occupied HU | 1,067 (67.2%) |
| Renter Occupied HU | 393 (24.8%) |
| Vacant Housing Units | 127 ( 8.0%) |
| Median Home Value | $204,960 |
| Average Home Value | $248,149 |
Housing Distribution
Address Breakdown
Residential
1,481
Single Family
1,431
Multi-Family
50
Businesses
167
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Listed by: Angie Van Gelder • Keller Williams Okoboji
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #829321
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.