4801 Everlou Rd, Cedar Rapids, IA, 52404 | $4/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

4801 Everlou Rd, Cedar Rapids, IA, 52404 | $4/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1358 sft

402/404 Root Dr, Blairstown, IA, 52209

4 Bed
2 Bath
2232 sft

1805 4th Ave, South Amana, IA, 52334

2 Bed
2 Bath
1345 sft

506 Oak St, Williamsburg, IA, 52361

3 Bed
3 Bath
1910 sft

247 Kelso Ln, Fairfax, IA, 52228

Nearby investment properties with comparable prices

5 Bed
2 Bath
2052 sft

413 Evergreen St, Norway, IA, 52318

3 Bed
2 Bath
1636 sft

1056 W Ave, Norway, IA, 52318

3 Bed
2 Bath
2110 sft

4412 H St, Amana, IA, 52203

4 Bed
3 Bath
2445 sft

1206 W State 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 4801 Everlou Rd, Cedar Rapids, IA, 52404 uses $94,444 cash to close to unlock $50/yr annual cash flow and $4/mo monthly cash flow. Total monthly income runs $1,854/mo, and a $1,394/mo payment keeps the spread at $4/mo. Purchase price stands at $284,900, and rental yield measures 7.81% with $1,854/mo rent. Return on cash invested shows 19.96% in year one, and 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 103.58% and total cumulative return in cash records $97,823. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,854/mo property income covering a $1,394/mo payment rather than investor’s personal income.

Single Family

Built in 1969

1.02 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled on a full acre in the sought-after College Community School District, this classic 1960s ranch offers beautiful views of Cedar Rapids and peaceful cul-de-sac living surrounded by mature trees. The main level features a spacious kitchen with an adjoining dining area, a bright living room, three comfortable bedrooms, and one and a half baths including a convenient primary half bath. Downstairs, youll find a generous lower level with a large rec room and an impressive amount of storage or workshop spaceperfect for hobbies or future expansion. An oversized two-stall garage provides plenty of room for vehicles and additional storage. With its solid layout, quiet location, and expansive lot, this home offers the perfect opportunity to add your personal touch and make it truly your own.

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