4228 Old Lakeport RdSioux CityIA51106
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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 4228 Old Lakeport Rd, Sioux City, IA, 51106 at $270,000 posts ROI 26.83% with $516/mo cash flow from $2,270/mo rent. Total monthly income equals $2,270/mo, and annual cash flow records $6,192/yr on $89,505 to close. Return on cash invested measures 26.83% and rental yield reads 10.09% at the current $270,000. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 by year five. Five-year ROI prints 140.33% and total cumulative return in cash totals $125,605.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,270/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1966
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51106, Sioux City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,768 (100%) |
| Owner Occupied HU | 7,360 (62.5%) |
| Renter Occupied HU | 3,590 (30.5%) |
| Vacant Housing Units | 818 ( 7.0%) |
| Median Home Value | $197,140 |
| Average Home Value | $242,635 |
Housing Distribution
Address Breakdown
Residential
12,068
Single Family
10,365
Multi-Family
1,703
Businesses
933
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Listed by: Adam Stokes • United Real Estate Solutions
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #826124
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.