24 Hackberry LoopCedar 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 24 Hackberry Loop, Cedar Rapids, IA, 52403 earns from $936/mo rent with a $1,598/mo payment. Total monthly income totals $936/mo. ROI tracks 5.89% on current figures, and rental yield reads 3.44% at a $326,500 purchase. Equity gained on principal adds $2,107/yr, and 5% annual appreciation supports $90,206 over five years. Five-year ROI reaches 28.41% and total cumulative return in cash sums $30,748. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $936/mo property income instead of your personal income.
Townhouse
Built in 2025
2,613 sqft lot
$N/A/sqft
$80 monthly 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: Twenty40 Real Estate + Development • Twenty40 Real Estate + Development
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2502400
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.