6827 42nd St NE,Cedar Rapids,IA,52411

Investment Highlights

Investment property for sale in Cedar Rapids at 6827 42nd St NE, Cedar Rapids, IA, 52411 listed at $649,900 pairs $4,234/mo rent with a $3,181/mo payment to leave $13/mo cash flow. Total monthly income runs $4,234/mo, and annual cash flow reaches $158/yr on $213,817 cash to close. Return on cash invested measures 20.13% in year one, and rental yield registers 7.82% at a $649,900 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,555 by year five. Five-year ROI tracks 104.44% and total cumulative return in cash totals $223,302. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,234/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).