114 Cherry LnRiversideIA52327
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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 Riverside at 114 Cherry Ln, Riverside, IA, 52327 offers $3,353/mo rent that, after a $2,006/mo payment, leaves $691/mo cash flow. Total monthly income is $3,353/mo, and annual cash flow is $8,294/yr on $135,882 cash. Return on cash invested measures 26.01% in year one, and rental yield stands at 9.82% at a $409,900 entry. Equity gained on principal adds $2,645/yr while 5% annual appreciation compounds into $113,248 by year five. Five-year ROI records 136% and total cumulative return in cash reaches $184,804. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,353/mo property income versus a $2,006/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52327, Riverside, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,393 (100%) |
| Owner Occupied HU | 1,000 (71.8%) |
| Renter Occupied HU | 293 (21.0%) |
| Vacant Housing Units | 100 ( 7.2%) |
| Median Home Value | $294,413 |
| Average Home Value | $346,665 |
Housing Distribution
Address Breakdown
Residential
1,098
Single Family
1,098
Multi-Family
0
Businesses
70
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