3328 Riverside Dr NECedar RapidsIA52411
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3328 Riverside Dr NE, Cedar Rapids, IA, 52411 earns $369/mo cash flow from $2,567/mo rent with a $1,635/mo payment. Total monthly income totals $2,567/mo, and annual cash flow totals $4,429/yr on $110,721 capital. ROI tracks 23.91% on current figures, and rental yield reads 9.22% at a $334,000 purchase. Equity gained on principal adds $2,155/yr, and 5% annual appreciation supports $92,278 over five years. Five-year ROI reaches 124.85% and total cumulative return in cash sums $138,234. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,567/mo property income instead of your personal income.
Single Family
Built in 1992
0.35 Acres lot
$N/A/sqft
$132 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bre Horstman • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2506653
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.