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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Cedar Rapids at 6615 Creekside Dr NE UNIT 9, Cedar Rapids, IA, 52402 uses $39,747 cash to close to unlock $5,066/yr annual cash flow and $422/mo monthly cash flow. Total monthly income runs $1,201/mo, and a $587/mo payment keeps the spread at $422/mo. Purchase price stands at $119,900, and rental yield measures 12.02% with $1,201/mo rent. Return on cash invested shows 32.65% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 171.73% and total cumulative return in cash records $68,256. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,201/mo property income covering a $587/mo payment rather than investor’s personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 52402, Cedar Rapids, IA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,282 (100%) |
| Owner Occupied HU | 11,711 (60.7%) |
| Renter Occupied HU | 6,275 (32.5%) |
| Vacant Housing Units | 1,296 ( 6.7%) |
| Median Home Value | $208,064 |
| Average Home Value | $237,802 |
Residential
18,597
Single Family
14,279
Multi-Family
4,318
Businesses
1,495
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • N/A
Mls Name: undefined
Mls Provider:
Mls ID: #2508010
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.
