518 E 32nd 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 518 E 32nd St, South Sioux City, NE, 68776 uses $104,423 cash to close to unlock $6,783/yr annual cash flow and $565/mo monthly cash flow. Total monthly income runs $2,700/mo, and a $1,542/mo payment keeps the spread at $565/mo. Purchase price stands at $315,000, and rental yield measures 10.29% with $2,700/mo rent. Return on cash invested shows 26.41% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 138.48% and total cumulative return in cash records $144,605. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,700/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1968
0.25 Acres 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: Kevin Archer • Keller Williams Siouxland
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #827818
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.