1618 Quail Ridge RdCedar FallsIA50613
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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
Total monthly income runs $2,010/mo, and a $2,149/mo payment. Purchase price stands at $439,000, and rental yield measures 5.49% with $2,010/mo rent. Return on cash invested shows 12.97% in year one, and 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 66.05% and total cumulative return in cash records $96,116. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,010/mo property income covering a $2,149/mo payment rather than investor’s personal income.
Single Family
Built in 2008
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50613, Cedar Falls, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,347 (100%) |
| Owner Occupied HU | 11,369 (62.0%) |
| Renter Occupied HU | 5,634 (30.7%) |
| Vacant Housing Units | 1,344 ( 7.3%) |
| Median Home Value | $275,639 |
| Average Home Value | $297,427 |
Housing Distribution
Address Breakdown
Residential
17,984
Single Family
15,039
Multi-Family
2,945
Businesses
1,424
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Listed by: Marti Janssen • RE/MAX Concepts Main Office
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6333298