608 3rd StSibleyIA51249
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sibley at 608 3rd St, Sibley, IA, 51249 at $148,500 posts ROI 26.96% with $289/mo cash flow from $1,254/mo rent. Total monthly income equals $1,254/mo, and annual cash flow records $3,473/yr on $49,228 to close. Return on cash invested measures 26.96% and rental yield reads 10.13% at the current $148,500. Equity gained on principal adds $958/yr, and 5% annual appreciation supports $41,028 by year five. Five-year ROI prints 141.12% and total cumulative return in cash totals $69,471.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,254/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1945
7,405 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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Listed by: Angie Van Gelder • Keller Williams Okoboji
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #825728
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.