508 2nd StSioux RapidsIA50585
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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 Rapids at 508 2nd St, Sioux Rapids, IA, 50585 earns $428/mo cash flow from $1,727/mo rent with a $979/mo payment. Total monthly income totals $1,727/mo, and annual cash flow totals $5,136/yr on $66,300 capital. ROI tracks 27.66% on current figures, and rental yield reads 10.36% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 144.77% and total cumulative return in cash sums $95,984. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,727/mo property income instead of your personal income.
Single Family
Built in 1955
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50585, Sioux Rapids, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 536 (100%) |
| Owner Occupied HU | 371 (69.2%) |
| Renter Occupied HU | 97 (18.1%) |
| Vacant Housing Units | 68 (12.7%) |
| Median Home Value | $116,146 |
| Average Home Value | $169,730 |
Housing Distribution
Address Breakdown
Residential
273
Single Family
251
Multi-Family
22
Businesses
48
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Listed by: N/A • N/A
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