9300 Feather Ridge WayCedar RapidsIA52411
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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
Rental property for sale in Cedar Rapids at 9300 Feather Ridge Way, Cedar Rapids, IA, 52411 generates $2,770/mo in rent, after a $2,936/mo payment. Total monthly income is $2,770/mo. Return on cash invested sits at 13.22% in year one, and rental yield is 5.54% on a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 67.33% and total cumulative return in cash sums $132,892. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,770/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
1 Acres lot
$N/A/sqft
No HOA
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Listed by: Olivia Williams • Iowa Realty, Inc. - CR
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202404800
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.