952 3rd AveSibleyIA51249
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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 Sibley at 952 3rd Ave, Sibley, IA, 51249 generates $1,224/mo in rent, after a $1,419/mo payment. Total monthly income is $1,224/mo. Return on cash invested sits at 11.68% in year one, and rental yield is 5.06% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 59.12% and total cumulative return in cash sums $56,836. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,224/mo property income rather than buyer’s personal income.
Multi Family
Built in 1974
0.35 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: John Ross • Real Estate Unlimited
Mls Name: Iowa Great Lakes BOR
Mls Provider:
Mls ID: #250660
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.