4608 Chatham LnSioux CityIA51104
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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 4608 Chatham Ln, Sioux City, IA, 51104 offers a 10.26% rental yield on a $310,000 purchase with $2,651/mo rent. Total monthly income registers $2,651/mo, and a $1,517/mo payment leaves $638/mo available for distribution. Annual cash flow reaches $7,656/yr on $102,765 to close, and return on cash invested stands at 27.36% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 143.18% and total cumulative return in cash at $147,139. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,651/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
9,147 sqft lot
$N/A/sqft
No HOA
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Listed by: Norma Karnes • LPT Realty, LLC
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #830622
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.