6103 Ridgewood Meadows Ln NECedar 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 6103 Ridgewood Meadows Ln NE, Cedar Rapids, IA, 52411 earns $521/mo cash flow from $2,437/mo rent with a $1,403/mo payment. Total monthly income totals $2,437/mo, and annual cash flow totals $6,252/yr on $95,041 capital. ROI tracks 26.49% on current figures, and rental yield reads 10.2% at a $286,700 purchase. Equity gained on principal adds $1,850/yr, and 5% annual appreciation supports $79,210 over five years. Five-year ROI reaches 138.82% and total cumulative return in cash sums $131,940. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,437/mo property income instead of your personal income.
Single Family
Built in 2010
10,846 sqft lot
$N/A/sqft
No HOA
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Listed by: Chassy Pollard • Pinnacle Realty LLC
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2406419
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.