606 Beaver Hollow Ct SECedar RapidsIA52403
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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 606 Beaver Hollow Ct SE, Cedar Rapids, IA, 52403 with 5% annual appreciation on a $699,000 basis while $6,299/mo rent supports operations. Total monthly income totals $6,299/mo and a $3,421/mo payment preserves $1,760/mo for cash returns. Annual cash flow comes to $21,115/yr on $229,971 deployed, and return on cash invested reaches 29.24% in year one. Equity gained on principal adds $4,511/yr, and five-year appreciation sums $193,121 alongside rental yield of 10.81%. Five-year ROI measures 153.26% and total cumulative return in cash totals $352,454.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,299/mo property income versus a $3,421/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52403, Cedar Rapids, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,261 (100%) |
| Owner Occupied HU | 7,355 (65.3%) |
| Renter Occupied HU | 2,954 (26.2%) |
| Vacant Housing Units | 952 ( 8.5%) |
| Median Home Value | $240,295 |
| Average Home Value | $311,384 |
Housing Distribution
Address Breakdown
Residential
10,390
Single Family
8,523
Multi-Family
1,867
Businesses
288
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Listed by: Karen Mathison • Realty87
Mls Name: CRAAR, CDRMLS
Mls ID: #2507782