610 East StSidneyIA51652
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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 Sidney at 610 East St, Sidney, IA, 51652 offers a 9.07% rental yield on a $164,500 purchase with $1,243/mo rent. Total monthly income registers $1,243/mo, and a $805/mo payment leaves $175/mo available for distribution. Annual cash flow reaches $2,098/yr on $54,532 to close, and return on cash invested stands at 23.76% in year one. Equity gained on principal adds $1,061/yr while 5% annual appreciation supports $45,448 over five years. Portfolio math shows five-year ROI at 123.89% and total cumulative return in cash at $67,558. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,243/mo property income against a $805/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51652, Sidney, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 781 (100%) |
| Owner Occupied HU | 506 (64.8%) |
| Renter Occupied HU | 167 (21.4%) |
| Vacant Housing Units | 108 (13.8%) |
| Median Home Value | $155,102 |
| Average Home Value | $211,739 |
Housing Distribution
Address Breakdown
Residential
324
Single Family
324
Multi-Family
0
Businesses
79
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