819 Tumble Grass Ct SECedar RapidsIA52403
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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 819 Tumble Grass Ct SE, Cedar Rapids, IA, 52403 at $525,000 posts ROI 6.13% with from $1,405/mo rent. Total monthly income equals $1,405/mo. Return on cash invested measures 6.13% and rental yield reads 3.21% at the current $525,000. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 by year five. Five-year ROI prints 29.32% and total cumulative return in cash totals $50,637. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,405/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52403, Cedar Rapids, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,261 (100%) |
| Owner Occupied HU | 7,355 (65.3%) |
| Renter Occupied HU | 2,954 (26.2%) |
| Vacant Housing Units | 952 ( 8.5%) |
| Median Home Value | $240,295 |
| Average Home Value | $311,384 |
Housing Distribution
Address Breakdown
Residential
10,390
Single Family
8,523
Multi-Family
1,867
Businesses
288
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Listed by: Jessie Arp • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls ID: #2506612