1907 Main StCedar 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
Investment property for sale in Cedar Falls at 1907 Main St, Cedar Falls, IA, 50613 at $295,919 posts ROI 25.57% with $463/mo cash flow from $2,384/mo rent. Total monthly income equals $2,384/mo, and annual cash flow records $5,550/yr on $98,097 to close. Return on cash invested measures 25.57% and rental yield reads 9.67% at the current $295,919. Equity gained on principal adds $1,910/yr, and 5% annual appreciation supports $81,757 by year five. Five-year ROI prints 133.6% and total cumulative return in cash totals $131,055.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,384/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1932
0.26 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: Sandy L. Stuber, Gri • RE/MAX Concepts - Cedar Falls
Mls Name: Northeast Iowa Regional BOR
Mls Provider:
Mls ID: #20242279
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Based on information submitted to the MLS GRID as of 2024-02-12 13:19:33 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.