5823 Timber Creek RdCedar RapidsIA52411
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 5823 Timber Creek Rd, Cedar Rapids, IA, 52411 in Cedar Rapids at $400,000 earns $2,780/mo in rent and nets $158/mo after the $1,799/mo payment, a 8.34% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $110,513 over five years. Ziffy Mortgage underwrites this on a 1.55 DSCR without U.S. credit history. With $3,684/yr in principal paydown, total projected return reaches $162,394.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 7.2% |
| Monthly Cash Flow | $158 | $450 |
City averages based on Cedar Rapids market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,780 |
| Total Monthly Debt Service | $2,464 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1990
1.91 Acres lot
$N/A/sqft
$300 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 1990
1.91 Acres lot
$N/A/sqft
$300 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.