Grove Plan, Dows Farm Agri-communityCedar 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
Total monthly income runs $1,508/mo, and a $1,224/mo payment. Purchase price stands at $250,000, and rental yield measures 7.24% with $1,508/mo rent. Return on cash invested shows 17.94% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 92.77% and total cumulative return in cash records $76,882. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,508/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$20 monthly 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: N/A • Twenty40 Building Concepts, Inc.
Mls Name: Twenty40 Building Concepts, Inc.
Mls Provider:
Mls ID: #N/A