Westfield - Heritage Plan, Country RidgeCedar RapidsIA52405
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 equals $2,857/mo, and annual cash flow records $6,386/yr on $118,677 to close. Return on cash invested measures 25.29% and rental yield reads 9.58% at the current $358,000. Equity gained on principal adds $2,310/yr, and 5% annual appreciation supports $98,909 by year five. Five-year ROI prints 132.12% and total cumulative return in cash totals $156,798.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,857/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52405, Cedar Rapids, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,239 (100%) |
| Owner Occupied HU | 7,767 (69.1%) |
| Renter Occupied HU | 2,888 (25.7%) |
| Vacant Housing Units | 584 ( 5.2%) |
| Median Home Value | $199,987 |
| Average Home Value | $230,161 |
Housing Distribution
Address Breakdown
Residential
11,162
Single Family
9,355
Multi-Family
1,807
Businesses
256
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Skogman Homes
Mls Name: Skogman Homes
Mls ID: #N/A