6306 Ridgewood Meadows Ln NE,Cedar Rapids,IA,52411

Investment Highlights

Investment property for sale in Cedar Rapids at 6306 Ridgewood Meadows Ln NE, Cedar Rapids, IA, 52411 listed at $267,500 pairs $2,168/mo rent with a $1,309/mo payment to leave $431/mo cash flow. Total monthly income runs $2,168/mo, and annual cash flow reaches $5,172/yr on $88,676 cash to close. Return on cash invested measures 25.74% in year one, and rental yield registers 9.73% at a $267,500 basis. Equity gained on principal adds $1,726/yr, and annual property appreciation at 5% supports $73,905 by year five. Five-year ROI tracks 134.51% and total cumulative return in cash totals $119,276. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,168/mo property income relative to a $1,309/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).