1750 Mackenzie DrCedar RapidsIA52411
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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 Cedar Rapids at 1750 Mackenzie Dr, Cedar Rapids, IA, 52411 offers $2,914/mo rent that, after a $3,357/mo payment. Total monthly income is $2,914/mo. Return on cash invested measures 11.38% in year one, and rental yield stands at 5.1% at a $685,900 entry. Equity gained on principal adds $4,426/yr while 5% annual appreciation compounds into $189,502 by year five. Five-year ROI records 57.66% and total cumulative return in cash reaches $130,109. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,914/mo property income versus a $3,357/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.92 Acres lot
$N/A/sqft
$1,100 annually HOA
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Listed by: Marian Flink • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2406121
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.