408 39th StSioux CityIA51104
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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
Investment property for sale in Sioux City at 408 39th St, Sioux City, IA, 51104 uses $98,787 cash to close to unlock $6,218/yr annual cash flow and $518/mo monthly cash flow. Total monthly income runs $2,454/mo, and a $1,459/mo payment keeps the spread at $518/mo. Purchase price stands at $298,000, and rental yield measures 9.88% with $2,454/mo rent. Return on cash invested shows 26.2% in year one, and 5% annual appreciation builds toward $82,332 over five years. Five-year ROI reaches 137.04% and total cumulative return in cash records $135,380. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,454/mo property income covering a $1,459/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.36 Acres lot
$N/A/sqft
No HOA
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Listed by: James Lamoureux • Plains Asset Group
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #829455
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.