4213 160th AveSioux RapidsIA50585
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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 Rapids at 4213 160th Ave, Sioux Rapids, IA, 50585 generates $2,140/mo in rent and, after a $1,415/mo payment, leaves $263/mo in cash flow. Total monthly income is $2,140/mo, and annual cash flow is $3,151/yr on $95,804 invested. Return on cash invested sits at 23.2% in year one, and rental yield is 8.89% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 120.9% and total cumulative return in cash sums $115,826. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,140/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
10.25 Acres 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
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Listed by: Tricia Wempe • Ingvall Real Estate Team
Mls Name: Iowa Great Lakes BOR
Mls Provider:
Mls ID: #250571
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.