6720 Caldwell 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
Rental property for sale in Cedar Rapids at 6720 Caldwell Ln NE, Cedar Rapids, IA, 52411 generates $4,142/mo in rent, after a $3,401/mo payment. Total monthly income is $4,142/mo. Return on cash invested sits at 18.11% in year one, and rental yield is 7.15% on a $694,900 entry. Equity gained on principal adds $4,484/yr, while 5% annual appreciation builds toward $191,988 over five years. Five-year ROI reaches 93.6% and total cumulative return in cash sums $213,982. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,142/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
0.45 Acres lot
$N/A/sqft
No HOA
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Listed by: Steven Seltrecht • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls ID: #2509187