4127 Harwood Dr NECedar RapidsIA52411
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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 Rapids at 4127 Harwood Dr NE, Cedar Rapids, IA, 52411 generates $2,792/mo in rent and, after a $1,419/mo payment, leaves $888/mo in cash flow. Total monthly income is $2,792/mo, and annual cash flow is $10,658/yr on $96,135 invested. Return on cash invested sits at 31% in year one, and rental yield is 11.55% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 162.84% and total cumulative return in cash sums $156,544. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,792/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
8,712 sqft lot
$N/A/sqft
$140 annually HOA
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Listed by: Amy Starr • Keller Williams Legacy Group
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2504535
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.