4906 Morningside AveSioux 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 4906 Morningside Ave, Sioux City, IA, 51106 earns $303/mo cash flow from $1,764/mo rent with a $1,101/mo payment. Total monthly income totals $1,764/mo, and annual cash flow totals $3,636/yr on $74,588 capital. ROI tracks 24.78% on current figures, and rental yield reads 9.41% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 129.38% and total cumulative return in cash sums $96,501. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,764/mo property income instead of your personal income.
Single Family
Built in 1915
6,534 sqft 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: Brittnie Willett • Century 21 ProLink
Mls Name: Northwest Iowa Regional BOR
Mls ID: #830473