5806 River Pkwy NECedar RapidsIA52411
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing5806 River Pkwy NE, Cedar Rapids, IA, 52411 in Cedar Rapids is a stable, well-positioned rental at $810,000. Rental yield 6.45%. DSCR 1.19 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $223,788 in value and $7,460/yr in principal paydown builds equity, a total projected return of $242,727.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.5% | 7.2% |
| Monthly Cash Flow | $(1,025) | $450 |
City averages based on Cedar Rapids market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,351 |
| Total Monthly Debt Service | $5,054 |
| DSCR Ratio | 0.86x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2013
1.68 Acres lot
$N/A/sqft
$250 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2013
1.68 Acres lot
$N/A/sqft
$250 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leslie Harvieux • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2407678
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.