4131 Lakeview Dr SW, Cedar Rapids, IA, 52404 | $92/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

4131 Lakeview Dr SW, Cedar Rapids, IA, 52404 | $92/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

5 Bed
3 Bath
2998 sft

1537 Deerfield Dr, Fairfax, IA, 52228

3 Bed
3 Bath
4048 sft

2059 J Ave, Marengo, IA, 52301

5 Bed
3 Bath
3309 sft

1218 Langenberg Ave, Fairfax, IA, 52228

5 Bed
3 Bath
2724 sft

1519 Cardinal Dr, Fairfax, IA, 52228

Nearby investment properties with comparable prices

5 Bed
3 Bath
3491 sft

404 Wilson St, Williamsburg, IA, 52361

4 Bed
3 Bath
2508 sft

3334 Black Hawk Ave NW, Oxford, IA, 52322

4 Bed
3 Bath
2603 sft

204 Westwood Rd, Williamsburg, IA, 52361

4 Bed
3 Bath
2878 sft

102 Page St, Williamsburg, IA, 52361

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Cedar Rapids at 4131 Lakeview Dr SW, Cedar Rapids, IA, 52404 listed at $335,000 pairs $2,268/mo rent with a $1,640/mo payment to leave $92/mo cash flow. Total monthly income runs $2,268/mo, and annual cash flow reaches $1,104/yr on $111,053 cash to close. Return on cash invested measures 20.9% in year one, and rental yield registers 8.12% at a $335,000 basis. Equity gained on principal adds $2,162/yr, and annual property appreciation at 5% supports $92,554 by year five. Five-year ROI tracks 108.57% and total cumulative return in cash totals $120,572. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,268/mo property income relative to a $1,640/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2000

4.87 Acres lot

$N/A/sqft

No HOA

More details about the property

Come tour your beautiful new waterfront home complete with walking path and well stocked lake! This peaceful retreat will have you forgetting the rest of the world exists. Main floor laundry just off the garage, open kitchen with natural stone countertops and breakfast bar, two full size pantries, along with slate appliances. Located just off the living room youll find the primary suite and 4-seasons sunroom which both have direct access to the new composite deck area providing you with an uninterrupted view of the lake along with breathtaking sunrises and sunsets. The lower-level walks out to a covered patio complete with hot tub hookups. The full daylight windows overlooking the lake makes for a wonderful work from home space. Come see this beautiful home. New in Dec 2024 Amana furnace and C/A; GE refrigerator in May 2025. HOA fees are paid through Dec 2025.

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