612 Main StSioux RapidsIA50585
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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 Sioux Rapids at 612 Main St, Sioux Rapids, IA, 50585 with 5% annual appreciation on a $137,500 basis while $1,861/mo rent supports operations. Total monthly income totals $1,861/mo and a $673/mo payment preserves $968/mo for cash returns. Annual cash flow comes to $11,616/yr on $45,581 deployed, and return on cash invested reaches 45.39% in year one. Equity gained on principal adds $887/yr, and five-year appreciation sums $37,989 alongside rental yield of 16.24%. Five-year ROI measures 239.9% and total cumulative return in cash totals $109,349.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,861/mo property income versus a $673/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50585, Sioux Rapids, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 536 (100%) |
| Owner Occupied HU | 371 (69.2%) |
| Renter Occupied HU | 97 (18.1%) |
| Vacant Housing Units | 68 (12.7%) |
| Median Home Value | $116,146 |
| Average Home Value | $169,730 |
Housing Distribution
Address Breakdown
Residential
273
Single Family
251
Multi-Family
22
Businesses
48
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Listed by: Katie Muhlbauer • Integrity Real Estate
Mls Name: Iowa Great Lakes BOR
Mls Provider:
Mls ID: #250049
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.