6118 Greenbriar Ln SW UNIT D, Cedar Rapids, IA, 52404 | $326/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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6118 Greenbriar Ln SW UNIT D, Cedar Rapids, IA, 52404 | $326/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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6305 Greenbriar Ln SW UNIT B, Cedar Rapids, IA, 52404

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

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Investment Highlights

Investment property for sale in Cedar Rapids at 6118 Greenbriar Ln SW UNIT D, Cedar Rapids, IA, 52404 listed at $143,500 pairs $1,258/mo rent with a $702/mo payment to leave $326/mo cash flow. Total monthly income runs $1,258/mo, and annual cash flow reaches $3,917/yr on $47,570 cash to close. Return on cash invested measures 28.14% in year one, and rental yield registers 10.52% at a $143,500 basis. Equity gained on principal adds $926/yr, and annual property appreciation at 5% supports $39,646 by year five. Five-year ROI tracks 147.48% and total cumulative return in cash totals $70,157. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,258/mo property income relative to a $702/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1979

N/A lot

$N/A/sqft

No HOA

More details about the property

Light pours in and the whole place just feels good. This second-floor condo brings the right mix of simplicity, space, and low-maintenance living. The layout is open and easy, with a comfortable living area that connects naturally to the dining space, perfect for everyday life. The kitchen keeps it clean and functional with solid cabinetry and great workspace. Both bedrooms feel spacious and relaxed, and the full bath sits just off the hall. The separate laundry room adds the convenience everyone wants but rarely gets at this price point. Step onto the private deck and its quiet, with open green space, a soft breeze, and zero yard work. The secured entrance and nearby garage add peace of mind and easy parking, while lawn care and snow removal keep things hassle-free all year. Fresh, effortless, and move-in ready. This one just feels right.

Neighborhood Data

Neighborhood data shown for ZIP Code: 52404, Cedar Rapids, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,968 (100%)
Owner Occupied HU	11,682 (55.7%)
Renter Occupied HU	7,536 (35.9%)
Vacant Housing Units	1,750 ( 8.3%)
Median Home Value	$201,736
Average Home Value	$240,149