7603 Crossroads 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 7603 Crossroads Dr SW, Cedar Rapids, IA, 52404 with 5% annual appreciation on a $327,990 basis while $3,254/mo rent supports operations. Total monthly income totals $3,254/mo and a $1,605/mo payment preserves $1,124/mo for cash returns. Annual cash flow comes to $13,491/yr on $108,729 deployed, and return on cash invested reaches 32.32% in year one. Equity gained on principal adds $2,116/yr, and five-year appreciation sums $90,618 alongside rental yield of 11.91%. Five-year ROI measures 169.81% and total cumulative return in cash totals $184,636.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,254/mo property income versus a $1,605/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
0.30 Acres 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: Pat Fox • DRH Realty Of Iowa, LLC
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2402035
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.