2489 River Run RdCedar 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
Total monthly income runs $3,112/mo, and a $5,237/mo payment. Purchase price stands at $1,070,000, and rental yield measures 3.49% with $3,112/mo rent. Return on cash invested shows 7.09% in year one, and 5% annual appreciation builds toward $295,621 over five years. Five-year ROI reaches 34.4% and total cumulative return in cash records $119,253. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,112/mo property income covering a $5,237/mo payment rather than investor’s personal income.
Single Family
Built in 2008
1.02 Acres lot
$N/A/sqft
No HOA
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Listed by: Nick Frazier • FRAZIER REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2507475
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