1919 Oak Knolls Ct SECedar RapidsIA52403
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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 Rapids at 1919 Oak Knolls Ct SE, Cedar Rapids, IA, 52403 earns $961/mo cash flow from $4,013/mo rent with a $2,300/mo payment. Total monthly income totals $4,013/mo, and annual cash flow totals $11,534/yr on $155,772 capital. ROI tracks 27.31% on current figures, and rental yield reads 10.25% at a $469,900 purchase. Equity gained on principal adds $3,032/yr, and 5% annual appreciation supports $129,825 over five years. Five-year ROI reaches 142.96% and total cumulative return in cash sums $222,698. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,013/mo property income instead of your personal income.
Single Family
Built in 1990
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52403, Cedar Rapids, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,261 (100%) |
| Owner Occupied HU | 7,355 (65.3%) |
| Renter Occupied HU | 2,954 (26.2%) |
| Vacant Housing Units | 952 ( 8.5%) |
| Median Home Value | $240,295 |
| Average Home Value | $311,384 |
Housing Distribution
Address Breakdown
Residential
10,390
Single Family
8,523
Multi-Family
1,867
Businesses
288
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Listed by: Kari Juhl • Lepic-Kroeger, REALTORS
Mls Name: Iowa City Area AOR
Mls ID: #202600350