7011 Harlan Eddy Dr SWCedar RapidsIA52404
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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 7011 Harlan Eddy Dr SW, Cedar Rapids, IA, 52404 at $247,900 posts ROI 21.72% with $124/mo cash flow from $1,734/mo rent. Total monthly income equals $1,734/mo, and annual cash flow records $1,492/yr on $82,179 to close. Return on cash invested measures 21.72% and rental yield reads 8.39% at the current $247,900. Equity gained on principal adds $1,600/yr, and 5% annual appreciation supports $68,490 by year five. Five-year ROI prints 113.03% and total cumulative return in cash totals $92,891.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,734/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52404, Cedar Rapids, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,968 (100%) |
| Owner Occupied HU | 11,682 (55.7%) |
| Renter Occupied HU | 7,536 (35.9%) |
| Vacant Housing Units | 1,750 ( 8.3%) |
| Median Home Value | $201,736 |
| Average Home Value | $240,149 |
Housing Distribution
Address Breakdown
Residential
19,505
Single Family
14,648
Multi-Family
4,857
Businesses
1,391
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Listed by: Michael Van Dyke • Watts Group Realty
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202502215
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.