3405 Emerson Ave NECedar RapidsIA52411
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 3405 Emerson Ave NE, Cedar Rapids, IA, 52411 in Cedar Rapids speaks for itself: 11.09% gross on a $322,000 price, generating $2,975/mo in rent and $863/mo in net income after the $1,448/mo debt service. DSCR 2.05, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,360 stacks alongside $88,963 in projected five-year appreciation and $2,966/yr in principal reduction. Projected total cumulative return: $178,192.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 7.2% |
| Monthly Cash Flow | $863 | $450 |
City averages based on Cedar Rapids market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,975 |
| Total Monthly Debt Service | $1,983 |
| DSCR Ratio | 1.50x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1994
0.30 Acres lot
$N/A/sqft
$140 annually HOA
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
Single Family
Built in 1994
0.30 Acres lot
$N/A/sqft
$140 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wendy Votroubek • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2507208
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.