428 W 16th StSouth Sioux CityNE68776
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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 South Sioux City at 428 W 16th St, South Sioux City, NE, 68776 listed at $200,000 pairs $1,706/mo rent with a $979/mo payment to leave $355/mo cash flow. Total monthly income runs $1,706/mo, and annual cash flow reaches $4,264/yr on $66,300 cash to close. Return on cash invested measures 26.34% in year one, and rental yield registers 10.24% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 138.13% and total cumulative return in cash totals $91,580. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,706/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1981
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 68776, South Sioux City, NE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,938 (100%) |
| Owner Occupied HU | 3,204 (54.0%) |
| Renter Occupied HU | 2,449 (41.2%) |
| Vacant Housing Units | 285 ( 4.8%) |
| Median Home Value | $172,668 |
| Average Home Value | $185,594 |
Housing Distribution
Address Breakdown
Residential
5,966
Single Family
4,925
Multi-Family
1,041
Businesses
583
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Listed by: Vanessa Lefler-Larned • Keller Williams Siouxland
Mls Name: Northwest Iowa Regional BOR
Mls ID: #831345