Westfield II - Heritage Plan, Stoney PointCedar 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
Total monthly income runs $2,746/mo, and annual cash flow reaches $2,398/yr on $129,948 cash to close. Return on cash invested measures 21.75% in year one, and rental yield registers 8.41% at a $392,000 basis. Equity gained on principal adds $2,530/yr, and annual property appreciation at 5% supports $108,302 by year five. Five-year ROI tracks 113.14% and total cumulative return in cash totals $147,024. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,746/mo property income relative to a $1,919/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
N/A 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: N/A • Skogman Homes
Mls Name: Skogman Homes
Mls ID: #N/A