6430 Ushers Ridge Dr 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 6430 Ushers Ridge Dr NE, Cedar Rapids, IA, 52411 uses $165,733 cash to close to unlock $3,318/yr annual cash flow and $277/mo monthly cash flow. Total monthly income runs $3,613/mo, and a $2,447/mo payment keeps the spread at $277/mo. Purchase price stands at $499,950, and rental yield measures 8.67% with $3,613/mo rent. Return on cash invested shows 21.91% in year one, and 5% annual appreciation builds toward $138,127 over five years. Five-year ROI reaches 114.21% and total cumulative return in cash records $189,292. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,613/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 2014
0.33 Acres lot
$N/A/sqft
$175 annually HOA
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Listed by: Graf Home Selling Team • GRAF REAL ESTATE, ERA POWERED
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2501732
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.