806 5th Ave 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 806 5th Ave SW, Cedar Rapids, IA, 52404 listed at $216,000 pairs $2,231/mo rent with a $1,057/mo payment to leave $828/mo cash flow. Total monthly income runs $2,231/mo, and annual cash flow reaches $9,941/yr on $71,604 cash to close. Return on cash invested measures 33.79% in year one, and rental yield registers 12.39% at a $216,000 basis. Equity gained on principal adds $1,394/yr, and annual property appreciation at 5% supports $59,677 by year five. Five-year ROI tracks 177.73% and total cumulative return in cash totals $127,263. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,231/mo property income relative to a $1,057/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
3,920 sqft 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: Beth Brockette • RUHL & RUHL REALTORS®
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2404237
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.