701 S Paxton StSioux CityIA51106
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 Sioux City at 701 S Paxton St, Sioux City, IA, 51106 with 5% annual appreciation on a $220,000 basis while $1,817/mo rent supports operations. Total monthly income totals $1,817/mo and a $1,077/mo payment preserves $388/mo for cash returns. Annual cash flow comes to $4,656/yr on $72,930 deployed, and return on cash invested reaches 26.29% in year one. Equity gained on principal adds $1,420/yr, and five-year appreciation sums $60,782 alongside rental yield of 9.91%. Five-year ROI measures 137.47% and total cumulative return in cash totals $100,259.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,817/mo property income versus a $1,077/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1917
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51106, Sioux City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,768 (100%) |
| Owner Occupied HU | 7,360 (62.5%) |
| Renter Occupied HU | 3,590 (30.5%) |
| Vacant Housing Units | 818 ( 7.0%) |
| Median Home Value | $197,140 |
| Average Home Value | $242,635 |
Housing Distribution
Address Breakdown
Residential
12,068
Single Family
10,365
Multi-Family
1,703
Businesses
933
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LaNay Welch • Keller Williams Siouxland
Mls Name: Northwest Iowa Regional BOR
Mls ID: #830769