5823 Timber Creek RdCedar RapidsIA52411
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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 Cedar Rapids at 5823 Timber Creek Rd, Cedar Rapids, IA, 52411 uses $132,600 cash to close to unlock $1,884/yr annual cash flow and $157/mo monthly cash flow. Total monthly income runs $2,780/mo, and a $1,958/mo payment keeps the spread at $157/mo. Purchase price stands at $400,000, and rental yield measures 8.34% with $2,780/mo rent. Return on cash invested shows 21.33% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 110.93% and total cumulative return in cash records $147,088. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,780/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 1990
1.91 Acres lot
$N/A/sqft
$300 annually HOA
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Listed by: Doris Ackerman • Keller Williams Advantage
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202502827
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.