409 Main StSioux RapidsIA50585
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Investment Highlights
Rental property for sale in Sioux Rapids at 409 Main St, Sioux Rapids, IA, 50585 priced at $119,500 pairs $0/mo rent with after a $585/mo payment. Total monthly income equals $0/mo. Return on cash invested is -3.6% in year one, and rental yield stands at 0% on a $119,500 basis. Equity gained on principal adds $771/yr, and 5% annual appreciation accumulates to $33,016 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $585/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1946
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50585, Sioux Rapids, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 536 (100%) |
| Owner Occupied HU | 371 (69.2%) |
| Renter Occupied HU | 97 (18.1%) |
| Vacant Housing Units | 68 (12.7%) |
| Median Home Value | $116,146 |
| Average Home Value | $169,730 |
Housing Distribution
Address Breakdown
Residential
273
Single Family
251
Multi-Family
22
Businesses
48
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: John Goede • Century 21 ProLink
Mls Name: Iowa Great Lakes BOR
Mls Provider:
Mls ID: #250440
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.