4231 Fremar Dr,Sioux City,IA,51104

Investment Highlights

Rental property for sale in Sioux City at 4231 Fremar Dr, Sioux City, IA, 51104 priced at $395,000 converts $2,978/mo rent into $202/mo cash flow after a $1,933/mo obligation. Total monthly income equals $2,978/mo, and annual cash flow totals $2,425/yr on $130,943 invested. Return on cash invested prints 21.76% in year one, and rental yield reads 9.05% against a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation compiles into $109,131 by year five. Five-year ROI reaches 113.9% and total cumulative return in cash sums $149,142. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,978/mo property income covering a $1,933/mo payment, not borrower’s personal income.