707 Whitcher AveSioux CityIA51109
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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
Rental property for sale in Sioux City at 707 Whitcher Ave, Sioux City, IA, 51109 priced at $200,000 converts $1,885/mo rent into $586/mo cash flow after a $979/mo obligation. Total monthly income equals $1,885/mo, and annual cash flow totals $7,032/yr on $66,300 invested. Return on cash invested prints 30.52% in year one, and rental yield reads 11.31% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 160.1% and total cumulative return in cash sums $106,148. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,885/mo property income covering a $979/mo payment, not borrower’s personal income.
Single Family
Built in 1915
6,098 sqft 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: Daniel Nguyen • United Real Estate Solutions
Mls Name: Northwest Iowa Regional BOR
Mls ID: #830241