4644 Rapid Creek Trl NEIowa CityIA52240
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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
Investment property for sale in Iowa City at 4644 Rapid Creek Trl NE, Iowa City, IA, 52240 at $625,000 posts ROI 29.02% with $1,535/mo cash flow from $5,686/mo rent. Total monthly income equals $5,686/mo, and annual cash flow records $18,424/yr on $205,625 to close. Return on cash invested measures 29.02% and rental yield reads 10.92% at the current $625,000. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 by year five. Five-year ROI prints 152.28% and total cumulative return in cash totals $313,117.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,686/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1996
1.29 Acres lot
$N/A/sqft
$275 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52240, Iowa City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,775 (100%) |
| Owner Occupied HU | 7,727 (43.5%) |
| Renter Occupied HU | 8,334 (46.9%) |
| Vacant Housing Units | 1,714 ( 9.6%) |
| Median Home Value | $272,152 |
| Average Home Value | $318,955 |
Housing Distribution
Address Breakdown
Residential
16,235
Single Family
10,644
Multi-Family
5,591
Businesses
1,308
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Listed by: Gwen Johnson • Skogman Realty Co.
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202504979
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.