3311 Riverside Dr NECedar 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
Investment property for sale in Cedar Rapids at 3311 Riverside Dr NE, Cedar Rapids, IA, 52411 at $382,000 posts ROI 30.13% with $1,078/mo cash flow from $3,634/mo rent. Total monthly income equals $3,634/mo, and annual cash flow records $12,937/yr on $126,633 to close. Return on cash invested measures 30.13% and rental yield reads 11.42% at the current $382,000. Equity gained on principal adds $2,465/yr, and 5% annual appreciation supports $105,540 by year five. Five-year ROI prints 158.31% and total cumulative return in cash totals $200,477.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,634/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1992
0.26 Acres lot
$N/A/sqft
$140 annually HOA
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Listed by: Erin Allen • COLDWELL BANKER HEDGES
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2502298
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.