3402 Falcon View Rd SW, Cedar Rapids, IA, 52404 | $79/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3402 Falcon View Rd SW, Cedar Rapids, IA, 52404 | $79/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Cedar Rapids at 3402 Falcon View Rd SW, Cedar Rapids, IA, 52404 listed at $300,000 pairs $2,027/mo rent with a $1,468/mo payment to leave $79/mo cash flow. Total monthly income runs $2,027/mo, and annual cash flow reaches $948/yr on $99,450 cash to close. Return on cash invested measures 20.86% in year one, and rental yield registers 8.11% at a $300,000 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,884 by year five. Five-year ROI tracks 108.33% and total cumulative return in cash totals $107,736. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,027/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2001

8,276 sqft lot

$N/A/sqft

No HOA

More details about the property

This neat-as-a-pin two-story home has been lovingly maintained by the same owner for 24 years! Sculpted boxwood shrub and a covered front entry welcome you inside this 4-bedroom home with walk-out lower level. Hardwood floors in the entryway flow into the dining room and kitchen. Living room with neutral paint & carpet plus lots of natural light. Gleaming white kitchen with easy-care countertops, storage pantry, central island, window over the sink, and adjacent dining area with sliders to the freshly-stained deck. Family room with vaulted ceiling & gas fireplace balanced by double built ins and windows with views of the spacious backyard no neighbors behind! Half bath and laundry area on the main level for convenience. Upstairs youll find three bedrooms, including the spacious Primary Suite with walk-in closet and ensuite full bath with tub, shower, and cultured marble vanity. Linen closet and an additional full bath complete the upper level. Finished lower level offers walk-out access to the patio and backyard, plus vinyl plank flooring throughout, two rec room spaces, and one bedroom with walk-in closet, and another full bathroom. Two-car attached garage with painted interior; newer roof & A/C for peace of mind. All appliances & TVs included! Just minutes to SW side shopping, dining, parks, and Hwy 30 and Hwy 151. See it!

Neighborhood Data

Neighborhood data shown for ZIP Code: 52404, Cedar Rapids, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,968 (100%)
Owner Occupied HU	11,682 (55.7%)
Renter Occupied HU	7,536 (35.9%)
Vacant Housing Units	1,750 ( 8.3%)
Median Home Value	$201,736
Average Home Value	$240,149