Old River Rd 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 Old River Rd SW, Cedar Rapids, IA, 52404 with 5% annual appreciation on a $1,752,270 basis while $1,434/mo rent supports operations. 65% in year one. Equity gained on principal adds $11,307/yr, and five-year appreciation sums $484,120 alongside rental yield of 0.98%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,434/mo property income versus a $8,576/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
134.79 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: Mitchell Dellamuth • Whitetail Properties Real Estate, LLC
Mls Name: NoCoast MLS
Mls ID: #6331466