552-554 6th Ave NWSioux CenterIA51250
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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
Total monthly income runs $1,462/mo, and a $1,346/mo payment. Purchase price stands at $275,000, and rental yield measures 6.38% with $1,462/mo rent. Return on cash invested shows 15.64% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 80.36% and total cumulative return in cash records $73,259. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,462/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Multi Family
Built in 1996
10,038 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51250, Sioux Center, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,283 (100%) |
| Owner Occupied HU | 2,363 (72.0%) |
| Renter Occupied HU | 696 (21.2%) |
| Vacant Housing Units | 224 ( 6.8%) |
| Median Home Value | $319,468 |
| Average Home Value | $343,822 |
Housing Distribution
Address Breakdown
Residential
3,136
Single Family
2,830
Multi-Family
306
Businesses
334
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Listed by: Isabel Carolan • Alpine Residential
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828175
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.