938 6th StSibleyIA51249
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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 Sibley at 938 6th St, Sibley, IA, 51249 listed at $227,500 pairs $1,655/mo rent with a $1,114/mo payment to leave $178/mo cash flow. Total monthly income runs $1,655/mo, and annual cash flow reaches $2,136/yr on $75,416 cash to close. Return on cash invested measures 22.74% in year one, and rental yield registers 8.73% at a $227,500 basis. Equity gained on principal adds $1,468/yr, and annual property appreciation at 5% supports $62,854 by year five. Five-year ROI tracks 118.42% and total cumulative return in cash totals $89,306. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,655/mo property income relative to a $1,114/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1914
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51249, Sibley, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,587 (100%) |
| Owner Occupied HU | 1,067 (67.2%) |
| Renter Occupied HU | 393 (24.8%) |
| Vacant Housing Units | 127 ( 8.0%) |
| Median Home Value | $204,960 |
| Average Home Value | $248,149 |
Housing Distribution
Address Breakdown
Residential
1,481
Single Family
1,431
Multi-Family
50
Businesses
167
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Listed by: Pamela DeBoom • Klaassen Realty - Sibley
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #822939
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.