704 Cedar Bend DrSolonIA52333
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Solon at 704 Cedar Bend Dr, Solon, IA, 52333 with 5% annual appreciation on a $547,500 basis while $2,903/mo rent supports operations. 71% in year one. Equity gained on principal adds $3,533/yr, and five-year appreciation sums $151,264 alongside rental yield of 6.36%. Five-year ROI measures 80.69% and total cumulative return in cash totals $145,349. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,903/mo property income versus a $2,680/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2016
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52333, Solon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,033 (100%) |
| Owner Occupied HU | 2,525 (83.3%) |
| Renter Occupied HU | 345 (11.4%) |
| Vacant Housing Units | 163 ( 5.4%) |
| Median Home Value | $386,995 |
| Average Home Value | $538,050 |
Housing Distribution
Address Breakdown
Residential
2,914
Single Family
2,840
Multi-Family
74
Businesses
179
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices