3416 Sue Ln NW, Cedar Rapids, IA, 52405 | $375/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3416 Sue Ln NW, Cedar Rapids, IA, 52405 | $375/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 3416 Sue Ln NW, Cedar Rapids, IA, 52405 uses $87,848 cash to close to unlock $4,500/yr annual cash flow and $375/mo monthly cash flow. Total monthly income runs $2,096/mo, and a $1,297/mo payment keeps the spread at $375/mo. Purchase price stands at $265,000, and rental yield measures 9.49% with $2,096/mo rent. Return on cash invested shows 25.03% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 130.69% and total cumulative return in cash records $114,807. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,096/mo property income covering a $1,297/mo payment rather than investor’s personal income.

Single Family

Built in 1973

9,321 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming ranch home nestled in a desirable, established NW neighborhood. This residence perfectly blends comfort and convenience, offering 4 bedrooms and 2.5 bathrooms. The layout for the main-level features 3 bedrooms and two full bathroomsincluding an en-suite primary bathThe flexible main area allows you to choose between a comfortable eat-in kitchen setup or a dedicated dining space. Downstairs, the finished basement provides a retreat for entertaining and relaxing. It includes a spacious 4th bedroom, a second living room (perfect for a media room or game area), and a dedicated area where you can add a spot for a barready for you to set up the ultimate entertainment space! Step outside to discover your private oasis on an almost quarter-acre lot. The backyard is designed for entertaining, featuring a large brick patio and a dedicated area with a developed pool pad, which could also be easily converted into an even larger patio space. Youll also appreciate the oversized outside shed for all your storage needs. This home is ready for you with roof, siding, and insulation that are all just 5 years old. Come see this wonderful, well-maintained ranch today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 52405, Cedar Rapids, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,239 (100%)
Owner Occupied HU	7,767 (69.1%)
Renter Occupied HU	2,888 (25.7%)
Vacant Housing Units	584 ( 5.2%)
Median Home Value	$199,987
Average Home Value	$230,161