2882 Crimson Ln #BCoralvilleIA52241
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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 Coralville at 2882 Crimson Ln #B, Coralville, IA, 52241 generates $3,283/mo in rent and, after a $2,006/mo payment, leaves $621/mo in cash flow. Total monthly income is $3,283/mo, and annual cash flow is $7,454/yr on $135,882 invested. Return on cash invested sits at 25.39% in year one, and rental yield is 9.61% on a $409,900 entry. Equity gained on principal adds $2,645/yr, while 5% annual appreciation builds toward $113,248 over five years. Five-year ROI reaches 132.68% and total cumulative return in cash sums $180,292. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,283/mo property income rather than buyer’s personal income.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52241, Coralville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,374 (100%) |
| Owner Occupied HU | 5,016 (44.1%) |
| Renter Occupied HU | 5,403 (47.5%) |
| Vacant Housing Units | 955 ( 8.4%) |
| Median Home Value | $323,538 |
| Average Home Value | $376,400 |
Housing Distribution
Address Breakdown
Residential
11,183
Single Family
7,185
Multi-Family
3,998
Businesses
1,149
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Listed by: Mike Bails • Urban Acres Real Estate
Mls Name: Iowa City Area AOR
Mls ID: #202600337