4124 Lakeview Dr SW, Cedar Rapids, IA, 52404 | $356/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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4124 Lakeview Dr SW, Cedar Rapids, IA, 52404 | $356/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 4124 Lakeview Dr SW, Cedar Rapids, IA, 52404 listed at $289,900 pairs $2,239/mo rent with a $1,419/mo payment to leave $356/mo cash flow. Total monthly income runs $2,239/mo, and annual cash flow reaches $4,274/yr on $96,102 cash to close. Return on cash invested measures 24.36% in year one, and rental yield registers 9.27% at a $289,900 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,094 by year five. Five-year ROI tracks 127.11% and total cumulative return in cash totals $122,157. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,239/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2002

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 4124 Lakeview Dr SW a beautifully maintained home that blends comfort, functionality, and charm in a sought-after neighborhood on a quiet cul-de-sac. Natural light fills the open main floor, featuring a spacious kitchen with a breakfast bar and room for a large dining table, perfect for entertaining. A bright four-seasons room invites you to relax year-round, while the deck allows for peaceful views in the warmer months. The expansive primary suite offers a true retreat with a soaking tub, walk-in shower, and an oversized walk-in closet. The lower level expands your living space with two additional bedrooms, a large full bathroom with a walk-in shower, a cozy family room, and a bonus room ideal for crafts, hobbies, or a home office. Thoughtful details in the lower level include abundant built-in shelving for storage and a cedar lined closet. Set in a desirable neighborhood with paved walking trails that surround the lake, this home combines peaceful surroundings with easy access to all that Cedar Rapids has to offer.

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