701 Wright AveSioux CityIA51109
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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 Wright Ave, Sioux City, IA, 51109 at $223,950 posts ROI 23.52% with $224/mo cash flow from $1,678/mo rent. Total monthly income equals $1,678/mo, and annual cash flow records $2,684/yr on $74,239 to close. Return on cash invested measures 23.52% and rental yield reads 8.99% at the current $223,950. Equity gained on principal adds $1,445/yr, and 5% annual appreciation supports $61,873 by year five. Five-year ROI prints 122.66% and total cumulative return in cash totals $91,059.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,678/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2016
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51109, Sioux City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,384 (100%) |
| Owner Occupied HU | 950 (68.6%) |
| Renter Occupied HU | 360 (26.0%) |
| Vacant Housing Units | 74 ( 5.3%) |
| Median Home Value | $152,778 |
| Average Home Value | $200,655 |
Housing Distribution
Address Breakdown
Residential
1,355
Single Family
1,321
Multi-Family
34
Businesses
55
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Listed by: Joseph Krage • United Real Estate Solutions
Mls Name: Northwest Iowa Regional BOR
Mls ID: #831299