515 6th AveSibleyIA51249
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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
Rental property for sale in Sibley at 515 6th Ave, Sibley, IA, 51249 generates $954/mo in rent, after a $929/mo payment. Total monthly income is $954/mo. Return on cash invested sits at 14.59% in year one, and rental yield is 6.03% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 74.81% and total cumulative return in cash sums $47,093. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $954/mo property income rather than buyer’s personal income.
Single Family
Built in 1885
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51249, Sibley, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,587 (100%) |
| Owner Occupied HU | 1,067 (67.2%) |
| Renter Occupied HU | 393 (24.8%) |
| Vacant Housing Units | 127 ( 8.0%) |
| Median Home Value | $204,960 |
| Average Home Value | $248,149 |
Housing Distribution
Address Breakdown
Residential
1,481
Single Family
1,431
Multi-Family
50
Businesses
167
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