4015 Cedar Heights Dr #9Cedar FallsIA50613
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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
Rental property for sale in Cedar Falls at 4015 Cedar Heights Dr #9, Cedar Falls, IA, 50613 generates $2,495/mo in rent and, after a $1,443/mo payment, leaves $580/mo in cash flow. Total monthly income is $2,495/mo, and annual cash flow is $6,962/yr on $97,759 invested. Return on cash invested sits at 27.03% in year one, and rental yield is 10.15% on a $294,900 entry. Equity gained on principal adds $1,903/yr, while 5% annual appreciation builds toward $81,475 over five years. Five-year ROI reaches 141.46% and total cumulative return in cash sums $138,295. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,495/mo property income rather than buyer’s personal income.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50613, Cedar Falls, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,347 (100%) |
| Owner Occupied HU | 11,369 (62.0%) |
| Renter Occupied HU | 5,634 (30.7%) |
| Vacant Housing Units | 1,344 ( 7.3%) |
| Median Home Value | $275,639 |
| Average Home Value | $297,427 |
Housing Distribution
Address Breakdown
Residential
17,984
Single Family
15,039
Multi-Family
2,945
Businesses
1,424
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Listed by: Brian Page • Oakridge Real Estate
Mls Name: Northeast Iowa Regional BOR
Mls ID: #20255416