4833 Olde Mill Ct NE,Cedar Rapids,IA,52411

Investment Highlights

Investment property for sale in Cedar Rapids at 4833 Olde Mill Ct NE, Cedar Rapids, IA, 52411 offers a 8.42% rental yield on a $469,000 purchase with $3,290/mo rent. Total monthly income registers $3,290/mo, and a $2,296/mo payment leaves $244/mo available for distribution. Annual cash flow reaches $2,923/yr on $155,474 to close, and return on cash invested stands at 21.79% in year one. Equity gained on principal adds $3,026/yr while 5% annual appreciation supports $129,576 over five years. Portfolio math shows five-year ROI at 113.33% and total cumulative return in cash at $176,191. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,290/mo property income against a $2,296/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.